iShares Core MSCI Pacific ETF $IPAC is Blue Trust Inc.’s 6th Largest Position

Blue Trust Inc. cut its position in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 3.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,127,905 shares of the company’s stock after selling 202,635 shares during the quarter. iShares Core MSCI Pacific ETF accounts for 5.4% of Blue Trust Inc.’s portfolio, making the stock its 6th largest position. Blue Trust Inc. owned about 19.77% of iShares Core MSCI Pacific ETF worth $468,846,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of IPAC. Atlas Capital Advisors Inc. acquired a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter valued at $1,696,000. Northwestern Mutual Wealth Management Co. boosted its position in iShares Core MSCI Pacific ETF by 5,062.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,975 shares of the company’s stock valued at $7,173,000 after purchasing an additional 96,077 shares during the last quarter. Mandatum Life Insurance Co Ltd grew its stake in iShares Core MSCI Pacific ETF by 15.1% in the fourth quarter. Mandatum Life Insurance Co Ltd now owns 211,923 shares of the company’s stock valued at $15,515,000 after purchasing an additional 27,856 shares in the last quarter. Bessemer Group Inc. grew its stake in iShares Core MSCI Pacific ETF by 72.3% in the fourth quarter. Bessemer Group Inc. now owns 385,208 shares of the company’s stock valued at $28,203,000 after purchasing an additional 161,676 shares in the last quarter. Finally, IFP Advisors Inc purchased a new position in iShares Core MSCI Pacific ETF in the third quarter valued at about $5,339,000.

iShares Core MSCI Pacific ETF Price Performance

Shares of iShares Core MSCI Pacific ETF stock opened at $81.36 on Thursday. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 15.73 and a beta of 0.70. The stock has a 50-day simple moving average of $81.72 and a 200-day simple moving average of $78.93. iShares Core MSCI Pacific ETF has a 52-week low of $66.71 and a 52-week high of $84.63.

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.