iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Trading Down 3.1% – What’s Next?

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP)’s share price dropped 3.1% during trading on Wednesday . The company traded as low as $43.66 and last traded at $43.70. Approximately 426,164 shares traded hands during trading, an increase of 43% from the average daily volume of 297,797 shares. The stock had previously closed at $45.10.

iShares MSCI Pacific ex Japan ETF Stock Down 3.1 %

The business has a 50 day moving average of $46.89 and a 200 day moving average of $45.45.

Hedge Funds Weigh In On iShares MSCI Pacific ex Japan ETF

Institutional investors have recently bought and sold shares of the stock. Financial Management Professionals Inc. bought a new stake in shares of iShares MSCI Pacific ex Japan ETF during the third quarter valued at approximately $3,790,000. Rathbones Group PLC lifted its position in iShares MSCI Pacific ex Japan ETF by 6.3% during the second quarter. Rathbones Group PLC now owns 98,323 shares of the company’s stock valued at $4,228,000 after buying an additional 5,844 shares during the period. Resolute Advisors LLC boosted its holdings in shares of iShares MSCI Pacific ex Japan ETF by 1.6% during the 2nd quarter. Resolute Advisors LLC now owns 20,321 shares of the company’s stock valued at $874,000 after buying an additional 329 shares in the last quarter. Lee Danner & Bass Inc. bought a new stake in shares of iShares MSCI Pacific ex Japan ETF during the 2nd quarter valued at $894,000. Finally, Stelac Advisory Services LLC grew its position in shares of iShares MSCI Pacific ex Japan ETF by 4.5% in the 2nd quarter. Stelac Advisory Services LLC now owns 41,926 shares of the company’s stock worth $1,803,000 after buying an additional 1,797 shares during the period. 74.75% of the stock is owned by institutional investors.

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).