JPMorgan Chase & Co. Buys 692,573 Shares of iShares Core MSCI Pacific ETF $IPAC

JPMorgan Chase & Co. increased its position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 61.3% in the second quarter, Holdings Channel.com reports. The fund owned 1,823,056 shares of the company’s stock after acquiring an additional 692,573 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.07% of iShares Core MSCI Pacific ETF worth $125,244,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IPAC. Mather Group LLC. lifted its stake in iShares Core MSCI Pacific ETF by 9.0% in the 2nd quarter. Mather Group LLC. now owns 653,467 shares of the company’s stock worth $44,893,000 after purchasing an additional 53,769 shares in the last quarter. Elm Partners Management LLC grew its position in shares of iShares Core MSCI Pacific ETF by 24.9% during the 2nd quarter. Elm Partners Management LLC now owns 476,862 shares of the company’s stock valued at $32,760,000 after purchasing an additional 95,041 shares in the last quarter. Smithfield Trust Co increased its holdings in shares of iShares Core MSCI Pacific ETF by 12.0% in the second quarter. Smithfield Trust Co now owns 352,399 shares of the company’s stock worth $24,207,000 after purchasing an additional 37,759 shares during the period. Bessemer Group Inc. raised its position in shares of iShares Core MSCI Pacific ETF by 22.3% in the second quarter. Bessemer Group Inc. now owns 206,182 shares of the company’s stock worth $14,165,000 after buying an additional 37,543 shares in the last quarter. Finally, AlphaStar Capital Management LLC raised its position in shares of iShares Core MSCI Pacific ETF by 0.9% in the second quarter. AlphaStar Capital Management LLC now owns 175,984 shares of the company’s stock worth $12,090,000 after buying an additional 1,505 shares in the last quarter.

iShares Core MSCI Pacific ETF Stock Up 1.3%

iShares Core MSCI Pacific ETF stock opened at $74.59 on Thursday. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 15.73 and a beta of 0.72. The business has a 50-day simple moving average of $74.04 and a 200 day simple moving average of $70.98. iShares Core MSCI Pacific ETF has a 52 week low of $54.90 and a 52 week high of $75.70.

About iShares Core MSCI Pacific ETF

The iShares Core MSCI Pacific ETF (IPAC) is an exchange-traded fund that is based on the MSCI Pacific IMI index, a market-cap-weighted index of developed Pacific securities. IPAC was launched on Jun 10, 2014 and is managed by BlackRock.