iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Stock Price Cross Above 200 Day Moving Average – What’s Next?

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)’s stock price crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $82.12 and traded as high as $82.26. iShares Core MSCI Pacific ETF shares last traded at $82.19, with a volume of 117,009 shares.

iShares Core MSCI Pacific ETF Stock Up 0.2%

The firm has a market cap of $2.67 billion, a PE ratio of 16.46 and a beta of 0.76. The stock’s fifty day simple moving average is $84.36 and its two-hundred day simple moving average is $82.14.

Institutional Trading of iShares Core MSCI Pacific ETF

A number of hedge funds have recently made changes to their positions in IPAC. Valley Wealth Managers Inc. bought a new position in iShares Core MSCI Pacific ETF during the 3rd quarter valued at approximately $11,934,000. Bank OZK bought a new stake in iShares Core MSCI Pacific ETF in the second quarter worth $612,000. Denver PWM LLC bought a new stake in iShares Core MSCI Pacific ETF in the third quarter worth $2,684,000. Blue Edge Capital LLC grew its stake in shares of iShares Core MSCI Pacific ETF by 13.9% in the first quarter. Blue Edge Capital LLC now owns 147,650 shares of the company’s stock worth $11,297,000 after acquiring an additional 18,026 shares during the last quarter. Finally, Gateway Wealth Partners LLC purchased a new stake in shares of iShares Core MSCI Pacific ETF in the first quarter worth $463,000.

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.