Blue Trust Inc. Sells 177,735 Shares of iShares Core MSCI Pacific ETF $IPAC

Blue Trust Inc. lessened its holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,818,292 shares of the company’s stock after selling 177,735 shares during the quarter. iShares Core MSCI Pacific ETF accounts for approximately 5.6% of Blue Trust Inc.’s investment portfolio, making the stock its 5th biggest holding. Blue Trust Inc. owned 0.26% of iShares Core MSCI Pacific ETF worth $500,667,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in iShares Core MSCI Pacific ETF by 61.3% in the second quarter. JPMorgan Chase & Co. now owns 1,823,056 shares of the company’s stock valued at $125,244,000 after purchasing an additional 692,573 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of iShares Core MSCI Pacific ETF by 116.3% during the 2nd quarter. Osaic Holdings Inc. now owns 196,038 shares of the company’s stock worth $12,724,000 after buying an additional 105,396 shares during the last quarter. Elm Partners Management LLC grew its holdings in shares of iShares Core MSCI Pacific ETF by 24.9% in the 2nd quarter. Elm Partners Management LLC now owns 476,862 shares of the company’s stock valued at $32,760,000 after acquiring an additional 95,041 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in shares of iShares Core MSCI Pacific ETF in the 2nd quarter valued at about $4,074,000. Finally, Mather Group LLC. increased its position in shares of iShares Core MSCI Pacific ETF by 9.0% in the second quarter. Mather Group LLC. now owns 653,467 shares of the company’s stock valued at $44,893,000 after acquiring an additional 53,769 shares during the last quarter.

iShares Core MSCI Pacific ETF Stock Performance

IPAC opened at $73.74 on Friday. The business’s 50-day simple moving average is $74.26 and its 200 day simple moving average is $72.01. iShares Core MSCI Pacific ETF has a 52-week low of $54.90 and a 52-week high of $76.13. The firm has a market capitalization of $1.94 billion, a PE ratio of 15.73 and a beta of 0.72.

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.