Garde Capital Inc. Cuts Position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Garde Capital Inc. cut its stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 1.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 148,679 shares of the company’s stock after selling 2,599 shares during the quarter. Garde Capital Inc.’s holdings in iShares Core MSCI Pacific ETF were worth $9,901,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Element Wealth LLC boosted its stake in shares of iShares Core MSCI Pacific ETF by 3.9% during the 3rd quarter. Element Wealth LLC now owns 9,658 shares of the company’s stock worth $643,000 after purchasing an additional 364 shares during the last quarter. Global Financial Private Client LLC grew its position in shares of iShares Core MSCI Pacific ETF by 3.8% in the second quarter. Global Financial Private Client LLC now owns 10,452 shares of the company’s stock valued at $640,000 after purchasing an additional 381 shares during the period. Addison Advisors LLC increased its stake in iShares Core MSCI Pacific ETF by 16.8% in the third quarter. Addison Advisors LLC now owns 2,710 shares of the company’s stock valued at $180,000 after purchasing an additional 390 shares during the last quarter. Comerica Bank boosted its stake in iShares Core MSCI Pacific ETF by 146.2% in the 1st quarter. Comerica Bank now owns 842 shares of the company’s stock worth $53,000 after buying an additional 500 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in iShares Core MSCI Pacific ETF by 11.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,260 shares of the company’s stock valued at $480,000 after buying an additional 750 shares during the period.

iShares Core MSCI Pacific ETF Price Performance

NYSEARCA IPAC opened at $64.08 on Friday. The company has a 50-day moving average of $63.92 and a 200-day moving average of $63.15. iShares Core MSCI Pacific ETF has a 12 month low of $55.89 and a 12 month high of $67.43. The company has a market cap of $2.11 billion, a P/E ratio of 13.70 and a beta of 0.82.

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.