Charles Schwab Investment Management Inc. Increases Stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Charles Schwab Investment Management Inc. grew its stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 6.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,183,335 shares of the company’s stock after buying an additional 262,634 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.14% of iShares Core MSCI Pacific ETF worth $248,950,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Buck Wealth Strategies LLC purchased a new stake in iShares Core MSCI Pacific ETF during the third quarter worth approximately $42,000. Ramirez Asset Management Inc. acquired a new position in iShares Core MSCI Pacific ETF during the third quarter worth approximately $61,000. Arlington Trust Co LLC acquired a new position in iShares Core MSCI Pacific ETF during the fourth quarter worth approximately $62,000. CVA Family Office LLC acquired a new position in iShares Core MSCI Pacific ETF during the fourth quarter worth approximately $65,000. Finally, Addison Advisors LLC increased its position in iShares Core MSCI Pacific ETF by 21.0% during the fourth quarter. Addison Advisors LLC now owns 2,365 shares of the company’s stock worth $141,000 after buying an additional 410 shares during the period.

iShares Core MSCI Pacific ETF Stock Down 1.1 %

IPAC opened at $61.66 on Thursday. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 13.44 and a beta of 0.79. iShares Core MSCI Pacific ETF has a 52 week low of $52.93 and a 52 week high of $63.85. The business’s 50 day moving average is $62.04 and its two-hundred day moving average is $59.61.

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.