Bessemer Group Inc. Has $32.79 Million Stock Position in iShares Core MSCI Pacific ETF $IPAC

Bessemer Group Inc. increased its stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 11.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 428,615 shares of the company’s stock after purchasing an additional 43,407 shares during the quarter. Bessemer Group Inc. owned approximately 1.38% of iShares Core MSCI Pacific ETF worth $32,794,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core MSCI Pacific ETF by 9.2% in the fourth quarter. JPMorgan Chase & Co. now owns 2,201,616 shares of the company’s stock worth $161,180,000 after buying an additional 184,954 shares during the period. Assetmark Inc. raised its holdings in shares of iShares Core MSCI Pacific ETF by 0.5% during the fourth quarter. Assetmark Inc. now owns 966,504 shares of the company’s stock valued at $70,758,000 after acquiring an additional 4,563 shares during the period. Morgan Stanley lifted its position in shares of iShares Core MSCI Pacific ETF by 1.7% in the 4th quarter. Morgan Stanley now owns 927,022 shares of the company’s stock valued at $67,867,000 after acquiring an additional 15,505 shares in the last quarter. Mather Group LLC. lifted its position in shares of iShares Core MSCI Pacific ETF by 3.1% in the 4th quarter. Mather Group LLC. now owns 655,922 shares of the company’s stock valued at $48,020,000 after acquiring an additional 19,716 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in iShares Core MSCI Pacific ETF by 2.5% in the 4th quarter. Stifel Financial Corp now owns 558,045 shares of the company’s stock worth $40,854,000 after purchasing an additional 13,675 shares during the period.

iShares Core MSCI Pacific ETF Stock Performance

NYSEARCA IPAC opened at $81.05 on Friday. iShares Core MSCI Pacific ETF has a twelve month low of $67.15 and a twelve month high of $84.63. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of 15.73 and a beta of 0.70. The firm’s 50 day moving average price is $82.30 and its two-hundred day moving average price is $79.87.

iShares Core MSCI Pacific ETF Company Profile

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.