AlphaStar Capital Management LLC Grows Stock Holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

AlphaStar Capital Management LLC boosted its holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 9.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,869 shares of the company’s stock after purchasing an additional 954 shares during the quarter. AlphaStar Capital Management LLC’s holdings in iShares Core MSCI Pacific ETF were worth $664,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Element Wealth LLC lifted its holdings in shares of iShares Core MSCI Pacific ETF by 3.9% in the third quarter. Element Wealth LLC now owns 9,658 shares of the company’s stock worth $643,000 after buying an additional 364 shares in the last quarter. Addison Advisors LLC grew its position in shares of iShares Core MSCI Pacific ETF by 16.8% during the third quarter. Addison Advisors LLC now owns 2,710 shares of the company’s stock valued at $180,000 after purchasing an additional 390 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of iShares Core MSCI Pacific ETF by 11.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,260 shares of the company’s stock worth $480,000 after purchasing an additional 750 shares during the last quarter. Richardson Financial Services Inc. lifted its position in shares of iShares Core MSCI Pacific ETF by 3.5% in the third quarter. Richardson Financial Services Inc. now owns 24,086 shares of the company’s stock worth $1,479,000 after buying an additional 811 shares in the last quarter. Finally, Global Financial Private Client LLC boosted its stake in iShares Core MSCI Pacific ETF by 8.9% during the fourth quarter. Global Financial Private Client LLC now owns 11,420 shares of the company’s stock valued at $698,000 after buying an additional 934 shares during the last quarter.

iShares Core MSCI Pacific ETF Price Performance

NYSEARCA:IPAC opened at $62.51 on Friday. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82. iShares Core MSCI Pacific ETF has a 1 year low of $55.89 and a 1 year high of $67.43. The stock’s 50 day simple moving average is $61.99 and its two-hundred day simple moving average is $62.99.

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.