Richardson Financial Services Inc. Buys Shares of 24,319 iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Richardson Financial Services Inc. bought a new stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) during the 4th quarter, Holdings Channel.com reports. The fund bought 24,319 shares of the company’s stock, valued at approximately $1,447,000. iShares Core MSCI Pacific ETF accounts for about 1.3% of Richardson Financial Services Inc.’s holdings, making the stock its 12th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IPAC. Brown Brothers Harriman & Co. acquired a new stake in iShares Core MSCI Pacific ETF in the fourth quarter worth about $27,000. Ramirez Asset Management Inc. acquired a new stake in iShares Core MSCI Pacific ETF in the third quarter worth about $61,000. Arlington Trust Co LLC acquired a new stake in shares of iShares Core MSCI Pacific ETF during the fourth quarter worth about $62,000. CVA Family Office LLC acquired a new stake in shares of iShares Core MSCI Pacific ETF during the fourth quarter worth about $65,000. Finally, Addison Advisors LLC lifted its holdings in shares of iShares Core MSCI Pacific ETF by 21.0% during the fourth quarter. Addison Advisors LLC now owns 2,365 shares of the company’s stock worth $141,000 after purchasing an additional 410 shares during the period.

iShares Core MSCI Pacific ETF Stock Up 0.0 %

Shares of iShares Core MSCI Pacific ETF stock traded up $0.01 on Friday, reaching $60.55. 101,385 shares of the stock were exchanged, compared to its average volume of 118,999. iShares Core MSCI Pacific ETF has a twelve month low of $52.93 and a twelve month high of $63.85. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82. The business has a 50 day moving average price of $61.61 and a two-hundred day moving average price of $60.79.

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.