iShares Core MSCI Pacific ETF $IPAC Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 5,062.0% in the 4th quarter, HoldingsChannel reports. The fund owned 97,975 shares of the company’s stock after buying an additional 96,077 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core MSCI Pacific ETF were worth $7,173,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IPAC. JPMorgan Chase & Co. boosted its position in shares of iShares Core MSCI Pacific ETF by 10.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,016,662 shares of the company’s stock worth $148,084,000 after acquiring an additional 193,606 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of iShares Core MSCI Pacific ETF by 72.3% during the 4th quarter. Bessemer Group Inc. now owns 385,208 shares of the company’s stock worth $28,203,000 after acquiring an additional 161,676 shares in the last quarter. Kingsview Wealth Management LLC acquired a new position in shares of iShares Core MSCI Pacific ETF during the 3rd quarter worth about $5,861,000. UBS Group AG boosted its position in shares of iShares Core MSCI Pacific ETF by 87.5% during the 4th quarter. UBS Group AG now owns 166,222 shares of the company’s stock worth $12,169,000 after acquiring an additional 77,547 shares in the last quarter. Finally, IFP Advisors Inc acquired a new position in shares of iShares Core MSCI Pacific ETF during the 3rd quarter worth about $5,339,000.

iShares Core MSCI Pacific ETF Stock Performance

NYSEARCA:IPAC opened at $81.89 on Friday. The stock has a 50-day simple moving average of $79.26 and a 200-day simple moving average of $77.56. The stock has a market cap of $2.54 billion, a P/E ratio of 15.73 and a beta of 0.70. iShares Core MSCI Pacific ETF has a 1 year low of $65.51 and a 1 year high of $83.98.

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.