Smithfield Trust Co Boosts Stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Smithfield Trust Co lifted its holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 0.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 310,080 shares of the company’s stock after purchasing an additional 2,139 shares during the quarter. iShares Core MSCI Pacific ETF comprises about 1.0% of Smithfield Trust Co’s holdings, making the stock its 21st biggest position. Smithfield Trust Co’s holdings in iShares Core MSCI Pacific ETF were worth $20,654,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IPAC. Bessemer Group Inc. raised its position in shares of iShares Core MSCI Pacific ETF by 16.3% during the 1st quarter. Bessemer Group Inc. now owns 56,528 shares of the company’s stock valued at $3,579,000 after buying an additional 7,915 shares during the period. Lazard Asset Management LLC raised its position in iShares Core MSCI Pacific ETF by 12.3% in the 1st quarter. Lazard Asset Management LLC now owns 131,930 shares of the company’s stock valued at $8,352,000 after purchasing an additional 14,464 shares in the last quarter. Blue Edge Capital LLC boosted its stake in shares of iShares Core MSCI Pacific ETF by 6.6% in the 1st quarter. Blue Edge Capital LLC now owns 119,903 shares of the company’s stock valued at $7,591,000 after buying an additional 7,441 shares during the period. Global Financial Private Client LLC grew its position in shares of iShares Core MSCI Pacific ETF by 5.6% during the first quarter. Global Financial Private Client LLC now owns 10,071 shares of the company’s stock worth $632,000 after buying an additional 531 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of iShares Core MSCI Pacific ETF by 434.1% during the first quarter. Jane Street Group LLC now owns 1,265,821 shares of the company’s stock worth $80,139,000 after buying an additional 1,028,817 shares during the period.

iShares Core MSCI Pacific ETF Stock Down 0.7 %

NYSEARCA IPAC opened at $62.62 on Thursday. iShares Core MSCI Pacific ETF has a 52 week low of $55.89 and a 52 week high of $67.43. The firm has a 50 day moving average of $64.36 and a two-hundred day moving average of $62.93. The stock has a market capitalization of $2.06 billion, a PE ratio of 13.70 and a beta of 0.82.

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.