Gateway Wealth Partners LLC Takes Position in iShares Core MSCI Pacific ETF $IPAC

Gateway Wealth Partners LLC purchased a new position in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 6,052 shares of the company’s stock, valued at approximately $463,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Atlas Capital Advisors Inc. bought a new stake in shares of iShares Core MSCI Pacific ETF in the 4th quarter worth about $1,696,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core MSCI Pacific ETF by 5,062.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 97,975 shares of the company’s stock valued at $7,173,000 after purchasing an additional 96,077 shares in the last quarter. Mandatum Life Insurance Co Ltd lifted its position in shares of iShares Core MSCI Pacific ETF by 15.1% during the fourth quarter. Mandatum Life Insurance Co Ltd now owns 211,923 shares of the company’s stock worth $15,515,000 after purchasing an additional 27,856 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of iShares Core MSCI Pacific ETF by 72.3% during the fourth quarter. Bessemer Group Inc. now owns 385,208 shares of the company’s stock worth $28,203,000 after purchasing an additional 161,676 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in iShares Core MSCI Pacific ETF by 460.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 44,200 shares of the company’s stock worth $3,236,000 after purchasing an additional 36,315 shares in the last quarter.

iShares Core MSCI Pacific ETF Stock Performance

NYSEARCA:IPAC opened at $82.74 on Friday. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of 15.73 and a beta of 0.70. iShares Core MSCI Pacific ETF has a one year low of $67.88 and a one year high of $84.63. The stock has a 50-day simple moving average of $82.25 and a 200 day simple moving average of $80.39.

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.