UBS Group AG Purchases 77,547 Shares of iShares Core MSCI Pacific ETF $IPAC

UBS Group AG lifted its position in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 87.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 166,222 shares of the company’s stock after buying an additional 77,547 shares during the quarter. UBS Group AG’s holdings in iShares Core MSCI Pacific ETF were worth $12,169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AE Wealth Management LLC increased its position in shares of iShares Core MSCI Pacific ETF by 45.1% during the third quarter. AE Wealth Management LLC now owns 827 shares of the company’s stock valued at $61,000 after acquiring an additional 257 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of iShares Core MSCI Pacific ETF by 34.6% during the third quarter. CIBC Private Wealth Group LLC now owns 1,310 shares of the company’s stock valued at $96,000 after acquiring an additional 337 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core MSCI Pacific ETF by 34.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,056 shares of the company’s stock valued at $141,000 after acquiring an additional 527 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Core MSCI Pacific ETF by 96.1% during the third quarter. Jones Financial Companies Lllp now owns 2,379 shares of the company’s stock valued at $174,000 after acquiring an additional 1,166 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of iShares Core MSCI Pacific ETF during the third quarter valued at approximately $207,000.

iShares Core MSCI Pacific ETF Stock Down 1.2%

Shares of IPAC opened at $81.61 on Friday. The company has a market capitalization of $2.53 billion, a P/E ratio of 15.73 and a beta of 0.70. The firm has a 50 day moving average of $78.90 and a 200 day moving average of $77.33. iShares Core MSCI Pacific ETF has a twelve month low of $65.51 and a twelve month high of $83.98.

iShares Core MSCI Pacific ETF 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.