Avantax Advisory Services Inc. Has $333,000 Stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Avantax Advisory Services Inc. cut its stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 4.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,443 shares of the company’s stock after selling 247 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares Core MSCI Pacific ETF were worth $333,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wingate Wealth Advisors Inc. bought a new position in shares of iShares Core MSCI Pacific ETF during the fourth quarter valued at $52,000. IHT Wealth Management LLC bought a new position in shares of iShares Core MSCI Pacific ETF in the 3rd quarter valued at about $201,000. Atria Wealth Solutions Inc. acquired a new position in shares of iShares Core MSCI Pacific ETF in the 4th quarter valued at $316,000. Aveo Capital Partners LLC raised its position in shares of iShares Core MSCI Pacific ETF by 4.9% in the 4th quarter. Aveo Capital Partners LLC now owns 6,181 shares of the company’s stock valued at $378,000 after acquiring an additional 291 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares Core MSCI Pacific ETF in the 4th quarter valued at $379,000.

iShares Core MSCI Pacific ETF Stock Performance

Shares of IPAC stock opened at $63.93 on Tuesday. The company’s 50 day moving average price is $62.61 and its two-hundred day moving average price is $63.18. The company has a market capitalization of $2.06 billion, a P/E ratio of 15.05 and a beta of 0.74. iShares Core MSCI Pacific ETF has a 52 week low of $55.89 and a 52 week high of $67.43.

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.