iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Stock Short Interest Report for September

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 23,781 shares, a growth of 229.4% from the September 15th total of 7,219 shares. Based on an average daily trading volume, of 66,131 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of iShares Core MSCI Pacific ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IPAC. Valley Wealth Managers Inc. bought a new position in iShares Core MSCI Pacific ETF in the 3rd quarter worth about $11,934,000. Balefire LLC grew its holdings in iShares Core MSCI Pacific ETF by 21.1% during the 3rd quarter. Balefire LLC now owns 9,369 shares of the company’s stock valued at $797,000 after buying an additional 1,632 shares in the last quarter. Canandaigua National Bank & Trust Co. bought a new stake in shares of iShares Core MSCI Pacific ETF during the third quarter valued at about $243,000. Blue Edge Capital LLC increased its position in shares of iShares Core MSCI Pacific ETF by 0.5% during the second quarter. Blue Edge Capital LLC now owns 148,371 shares of the company’s stock valued at $12,156,000 after buying an additional 721 shares during the period. Finally, Integrated Wealth Concepts LLC increased its position in shares of iShares Core MSCI Pacific ETF by 7.6% during the second quarter. Integrated Wealth Concepts LLC now owns 3,331 shares of the company’s stock valued at $273,000 after buying an additional 235 shares during the period.

iShares Core MSCI Pacific ETF Stock Performance

IPAC stock traded down $0.02 during midday trading on Tuesday, reaching $84.92. 14,459 shares of the company’s stock traded hands, compared to its average volume of 116,582. The firm has a market capitalization of $2.75 billion, a PE ratio of 15.73 and a beta of 0.73. The company has a 50-day moving average price of $85.56 and a two-hundred day moving average price of $82.75. iShares Core MSCI Pacific ETF has a 52 week low of $71.46 and a 52 week 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.