Flow Traders U.S. LLC Has $26.61 Million Stock Holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Flow Traders U.S. LLC increased its position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 5,223.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 463,384 shares of the company’s stock after purchasing an additional 454,679 shares during the quarter. iShares Core MSCI Pacific ETF accounts for 1.2% of Flow Traders U.S. LLC’s portfolio, making the stock its 14th biggest holding. Flow Traders U.S. LLC’s holdings in iShares Core MSCI Pacific ETF were worth $26,612,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Resurgent Financial Advisors LLC acquired a new position in iShares Core MSCI Pacific ETF during the 4th quarter valued at about $71,000. Credit Suisse AG acquired a new position in iShares Core MSCI Pacific ETF during the 2nd quarter valued at about $73,000. TFB Advisors LLC purchased a new position in shares of iShares Core MSCI Pacific ETF in the 2nd quarter worth approximately $209,000. Simplicity Solutions LLC purchased a new position in shares of iShares Core MSCI Pacific ETF in the 2nd quarter worth approximately $237,000. Finally, Guyasuta Investment Advisors Inc. purchased a new position in shares of iShares Core MSCI Pacific ETF in the 2nd quarter worth approximately $241,000.

iShares Core MSCI Pacific ETF Price Performance

Shares of NYSEARCA IPAC traded down $0.09 during midday trading on Monday, reaching $55.41. The company’s stock had a trading volume of 6,798 shares, compared to its average volume of 133,998. iShares Core MSCI Pacific ETF has a 12-month low of $52.66 and a 12-month high of $59.63. The firm has a 50 day moving average price of $55.69 and a 200-day moving average price of $56.79. The stock has a market capitalization of $1.62 billion, a P/E ratio of 12.67 and a beta of 0.74.

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.