iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Hits New 1-Year High – What’s Next?

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $56.89 and last traded at $56.86, with a volume of 214971 shares traded. The stock had previously closed at $56.21.

iShares MSCI Pacific ex Japan ETF Stock Up 1.2%

The firm has a market cap of $2.06 billion, a PE ratio of 18.02 and a beta of 0.85. The business has a 50-day moving average price of $53.00 and a two-hundred day moving average price of $51.85.

Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF

A number of hedge funds have recently bought and sold shares of EPP. Jones Financial Companies Lllp boosted its stake in shares of iShares MSCI Pacific ex Japan ETF by 94.6% in the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock valued at $27,000 after buying an additional 298 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares MSCI Pacific ex Japan ETF during the fourth quarter worth approximately $43,000. IFP Advisors Inc raised its holdings in iShares MSCI Pacific ex Japan ETF by 130.7% in the third quarter. IFP Advisors Inc now owns 1,336 shares of the company’s stock valued at $69,000 after acquiring an additional 757 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in iShares MSCI Pacific ex Japan ETF in the third quarter worth approximately $245,000. Finally, SBI Securities Co. Ltd. grew its holdings in iShares MSCI Pacific ex Japan ETF by 4.1% during the 4th quarter. SBI Securities Co. Ltd. now owns 6,009 shares of the company’s stock worth $303,000 after acquiring an additional 239 shares in the last quarter. Institutional investors and hedge funds own 74.75% of the company’s stock.

iShares MSCI Pacific ex Japan ETF Company Profile

iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.