iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Shares Bought by Blue Trust Inc.

Blue Trust Inc. boosted its holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,900,840 shares of the company’s stock after acquiring an additional 741,287 shares during the quarter. iShares Core MSCI Pacific ETF accounts for about 6.3% of Blue Trust Inc.’s investment portfolio, making the stock its 2nd biggest position. Blue Trust Inc. owned about 24.01% of iShares Core MSCI Pacific ETF worth $483,689,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Comerica Bank boosted its stake in shares of iShares Core MSCI Pacific ETF by 146.2% in the 1st quarter. Comerica Bank now owns 842 shares of the company’s stock valued at $53,000 after purchasing an additional 500 shares in the last quarter. Woodmont Investment Counsel LLC acquired a new stake in shares of iShares Core MSCI Pacific ETF during the first quarter worth approximately $74,000. Larson Financial Group LLC bought a new position in shares of iShares Core MSCI Pacific ETF in the second quarter valued at approximately $76,000. Family Firm Inc. acquired a new position in shares of iShares Core MSCI Pacific ETF in the 2nd quarter worth approximately $78,000. Finally, Kings Path Partners LLC bought a new stake in iShares Core MSCI Pacific ETF during the 3rd quarter worth approximately $115,000.

iShares Core MSCI Pacific ETF Price Performance

IPAC stock opened at $64.91 on Friday. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82. The business has a fifty day moving average price of $64.55 and a 200 day moving average price of $62.63. iShares Core MSCI Pacific ETF has a fifty-two week low of $52.93 and a fifty-two week high of $67.43.

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.