LPL Financial LLC Sells 5,132 Shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

LPL Financial LLC reduced its position in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC – Get Rating) by 13.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 32,843 shares of the company’s stock after selling 5,132 shares during the quarter. LPL Financial LLC’s holdings in iShares Core MSCI Pacific ETF were worth $1,763,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of IPAC. Credit Suisse AG bought a new stake in shares of iShares Core MSCI Pacific ETF during the 2nd quarter worth $73,000. Concourse Financial Group Securities Inc. boosted its holdings in shares of iShares Core MSCI Pacific ETF by 37.3% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 2,806 shares of the company’s stock worth $151,000 after buying an additional 762 shares during the period. Blue Chip Partners LLC bought a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter worth $161,000. Thrivent Financial for Lutherans boosted its holdings in shares of iShares Core MSCI Pacific ETF by 5.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 4,431 shares of the company’s stock worth $212,000 after buying an additional 228 shares during the period. Finally, Resources Investment Advisors LLC. bought a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter worth $223,000.

iShares Core MSCI Pacific ETF Price Performance

NYSEARCA:IPAC opened at $57.07 on Wednesday. The stock has a market cap of $1.57 billion, a P/E ratio of 12.67 and a beta of 0.74. iShares Core MSCI Pacific ETF has a one year low of $46.71 and a one year high of $58.57. The company has a fifty day moving average price of $56.47 and a 200 day moving average price of $55.51.

iShares Core MSCI Pacific ETF Profile

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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.