Mather Group LLC. Buys New Position in iShares Core MSCI Pacific ETF $IPAC

Mather Group LLC. bought a new stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 662,529 shares of the company’s stock, valued at approximately $56,388,000. Mather Group LLC. owned about 2.04% of iShares Core MSCI Pacific ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of IPAC. Bessemer Group Inc. boosted its holdings in iShares Core MSCI Pacific ETF by 11.3% during the 1st quarter. Bessemer Group Inc. now owns 428,615 shares of the company’s stock valued at $32,794,000 after acquiring an additional 43,407 shares during the period. Cetera Investment Advisers lifted its position in shares of iShares Core MSCI Pacific ETF by 1.1% during the first quarter. Cetera Investment Advisers now owns 403,499 shares of the company’s stock worth $30,872,000 after purchasing an additional 4,316 shares during the last quarter. Mandatum Life Insurance Co Ltd lifted its position in shares of iShares Core MSCI Pacific ETF by 8.8% during the first quarter. Mandatum Life Insurance Co Ltd now owns 230,602 shares of the company’s stock worth $17,643,000 after purchasing an additional 18,679 shares during the last quarter. Bank of America Corp DE lifted its position in shares of iShares Core MSCI Pacific ETF by 3.6% during the first quarter. Bank of America Corp DE now owns 203,974 shares of the company’s stock worth $15,606,000 after purchasing an additional 7,126 shares during the last quarter. Finally, Valley Wealth Managers Inc. boosted its stake in shares of iShares Core MSCI Pacific ETF by 6.2% during the first quarter. Valley Wealth Managers Inc. now owns 184,429 shares of the company’s stock valued at $14,111,000 after purchasing an additional 10,691 shares during the period.

iShares Core MSCI Pacific ETF Trading Down 1.4%

NYSEARCA IPAC opened at $83.95 on Thursday. The company’s 50-day moving average price is $85.55 and its 200-day moving average price is $82.87. The stock has a market cap of $2.72 billion, a PE ratio of 15.73 and a beta of 0.73. iShares Core MSCI Pacific ETF has a 12 month low of $71.46 and a 12 month high of $87.31.

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.