JPMorgan Chase & Co. Lowers Holdings in iShares MSCI Pacific ex Japan ETF $EPP

JPMorgan Chase & Co. decreased its holdings in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) by 2.4% in the third quarter, HoldingsChannel.com reports. The fund owned 7,912,109 shares of the company’s stock after selling 197,114 shares during the quarter. JPMorgan Chase & Co. owned about 0.23% of iShares MSCI Pacific ex Japan ETF worth $407,948,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Jones Financial Companies Lllp lifted its holdings in iShares MSCI Pacific ex Japan ETF by 94.6% in the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after purchasing an additional 298 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of iShares MSCI Pacific ex Japan ETF by 6.2% during the second quarter. SBI Securities Co. Ltd. now owns 6,167 shares of the company’s stock valued at $304,000 after buying an additional 358 shares during the last quarter. ABC Arbitrage SA raised its position in shares of iShares MSCI Pacific ex Japan ETF by 24.2% during the second quarter. ABC Arbitrage SA now owns 15,541 shares of the company’s stock valued at $767,000 after buying an additional 3,031 shares during the last quarter. First Horizon Corp purchased a new position in shares of iShares MSCI Pacific ex Japan ETF in the third quarter worth $479,000. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Pacific ex Japan ETF during the second quarter worth $5,637,000. Hedge funds and other institutional investors own 74.75% of the company’s stock.

iShares MSCI Pacific ex Japan ETF Stock Performance

EPP opened at $55.60 on Thursday. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 18.02 and a beta of 0.85. The company has a fifty day moving average of $52.43 and a 200 day moving average of $51.64. iShares MSCI Pacific ex Japan ETF has a fifty-two week low of $38.44 and a fifty-two week high of $56.23.

About iShares MSCI Pacific ex Japan ETF

iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.