Inman Jager Wealth Management LLC Purchases New Shares in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Inman Jager Wealth Management LLC bought a new stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the 4th quarter, Holdings Channel reports. The institutional investor bought 14,689 shares of the company’s stock, valued at approximately $897,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Blue Trust Inc. boosted its stake in iShares Core MSCI Pacific ETF by 10.4% in the 3rd quarter. Blue Trust Inc. now owns 7,900,840 shares of the company’s stock worth $483,689,000 after purchasing an additional 741,287 shares during the period. ERTS Wealth Advisors LLC acquired a new stake in shares of iShares Core MSCI Pacific ETF during the 3rd quarter worth approximately $19,786,000. Elm Partners Management LLC boosted its position in iShares Core MSCI Pacific ETF by 19.1% in the third quarter. Elm Partners Management LLC now owns 712,629 shares of the company’s stock valued at $47,454,000 after buying an additional 114,259 shares in the last quarter. Columbus Macro LLC boosted its position in iShares Core MSCI Pacific ETF by 107.7% in the fourth quarter. Columbus Macro LLC now owns 118,438 shares of the company’s stock valued at $7,237,000 after buying an additional 61,403 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in iShares Core MSCI Pacific ETF by 6.6% in the third quarter. JPMorgan Chase & Co. now owns 959,770 shares of the company’s stock valued at $63,911,000 after buying an additional 59,200 shares in the last quarter.

iShares Core MSCI Pacific ETF Stock Performance

IPAC stock opened at $62.85 on Thursday. The company has a fifty day moving average price of $62.03 and a 200-day moving average price of $63.00. The company has a market capitalization of $2.07 billion, a P/E ratio of 13.70 and a beta of 0.82. iShares Core MSCI Pacific ETF has a 52-week low of $55.89 and a 52-week high of $67.43.

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.