iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Sets New 12-Month High at $65.70

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $65.70 and last traded at $65.50, with a volume of 2853 shares. The stock had previously closed at $64.16.

iShares Core MSCI Pacific ETF Stock Performance

The stock has a market capitalization of $2.16 billion, a PE ratio of 13.70 and a beta of 0.82. The business’s 50-day moving average is $62.80 and its two-hundred day moving average is $62.20.

Institutional Investors Weigh In On iShares Core MSCI Pacific ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brown Brothers Harriman & Co. purchased a new position in shares of iShares Core MSCI Pacific ETF in the fourth quarter valued at $27,000. Comerica Bank raised its position in iShares Core MSCI Pacific ETF by 146.2% during the first quarter. Comerica Bank now owns 842 shares of the company’s stock worth $53,000 after acquiring an additional 500 shares during the last quarter. Woodmont Investment Counsel LLC purchased a new stake in shares of iShares Core MSCI Pacific ETF in the first quarter valued at about $74,000. Larson Financial Group LLC acquired a new stake in shares of iShares Core MSCI Pacific ETF in the second quarter valued at approximately $76,000. Finally, Family Firm Inc. acquired a new position in shares of iShares Core MSCI Pacific ETF during the 2nd quarter worth approximately $78,000.

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.