iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Shares Sold by Mandatum Life Insurance Co Ltd

Mandatum Life Insurance Co Ltd decreased its stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 3.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 99,757 shares of the company’s stock after selling 4,000 shares during the period. iShares Core MSCI Pacific ETF comprises about 2.0% of Mandatum Life Insurance Co Ltd’s investment portfolio, making the stock its 9th biggest holding. Mandatum Life Insurance Co Ltd owned about 0.30% of iShares Core MSCI Pacific ETF worth $6,107,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Concourse Financial Group Securities Inc. boosted its stake in iShares Core MSCI Pacific ETF by 14.3% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 2,426 shares of the company’s stock valued at $154,000 after purchasing an additional 304 shares in the last quarter. Family Legacy Inc. boosted its position in shares of iShares Core MSCI Pacific ETF by 1.4% in the 1st quarter. Family Legacy Inc. now owns 23,383 shares of the company’s stock valued at $1,480,000 after purchasing an additional 321 shares during the period. Bleakley Financial Group LLC lifted its stake in iShares Core MSCI Pacific ETF by 7.9% during the first quarter. Bleakley Financial Group LLC now owns 4,889 shares of the company’s stock valued at $310,000 after buying an additional 356 shares in the last quarter. Global Financial Private Client LLC lifted its position in shares of iShares Core MSCI Pacific ETF by 3.8% in the 2nd quarter. Global Financial Private Client LLC now owns 10,452 shares of the company’s stock valued at $640,000 after acquiring an additional 381 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of iShares Core MSCI Pacific ETF in the fourth quarter valued at $27,000.

iShares Core MSCI Pacific ETF Trading Up 0.3 %

IPAC stock traded up $0.19 during mid-day trading on Friday, hitting $65.07. The stock had a trading volume of 88,521 shares, compared to its average volume of 127,874. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82. iShares Core MSCI Pacific ETF has a 1-year low of $52.93 and a 1-year high of $65.31. The company has a fifty day moving average of $62.18 and a 200 day moving average of $61.95.

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.