iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Short Interest Update

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 93,275 shares, an increase of 620.2% from the May 14th total of 12,952 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 179,446 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares Core MSCI Pacific ETF

A number of institutional investors have recently modified their holdings of IPAC. Kestra Advisory Services LLC increased its position in shares of iShares Core MSCI Pacific ETF by 3.7% in the fourth quarter. Kestra Advisory Services LLC now owns 3,788 shares of the company’s stock worth $277,000 after acquiring an additional 134 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of iShares Core MSCI Pacific ETF by 1.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,521 shares of the company’s stock worth $551,000 after acquiring an additional 138 shares in the last quarter. Element Wealth LLC increased its position in shares of iShares Core MSCI Pacific ETF by 2.1% in the fourth quarter. Element Wealth LLC now owns 9,061 shares of the company’s stock worth $663,000 after acquiring an additional 183 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares Core MSCI Pacific ETF by 1.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,907 shares of the company’s stock worth $799,000 after acquiring an additional 202 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of iShares Core MSCI Pacific ETF by 5.5% in the first quarter. Private Advisor Group LLC now owns 4,716 shares of the company’s stock worth $361,000 after acquiring an additional 247 shares in the last quarter.

iShares Core MSCI Pacific ETF Trading Up 2.8%

Shares of iShares Core MSCI Pacific ETF stock traded up $2.27 during trading on Thursday, reaching $82.03. The company’s stock had a trading volume of 54,720 shares, compared to its average volume of 136,793. The company has a 50-day moving average price of $80.90 and a two-hundred day moving average price of $78.32. The firm has a market cap of $2.54 billion, a PE ratio of 15.73 and a beta of 0.70. iShares Core MSCI Pacific ETF has a fifty-two week low of $65.51 and a fifty-two week high of $83.98.

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.