iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sees Strong Trading Volume – Time to Buy?

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw unusually-high trading volume on Wednesday . Approximately 120,641 shares were traded during mid-day trading, a decline of 59% from the previous session’s volume of 296,985 shares.The stock last traded at $47.33 and had previously closed at $46.72.

iShares MSCI Pacific ex Japan ETF Stock Up 1.1 %

The business’s 50 day simple moving average is $47.34 and its 200 day simple moving average is $45.19.

Hedge Funds Weigh In On iShares MSCI Pacific ex Japan ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Resolute Advisors LLC raised its holdings in shares of iShares MSCI Pacific ex Japan ETF by 1.6% in the 2nd quarter. Resolute Advisors LLC now owns 20,321 shares of the company’s stock worth $874,000 after buying an additional 329 shares in the last quarter. Stelac Advisory Services LLC lifted its position in 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 valued at $1,803,000 after acquiring an additional 1,797 shares in the last quarter. Rathbones Group PLC lifted its stake in iShares MSCI Pacific ex Japan ETF by 6.3% in the 2nd quarter. Rathbones Group PLC now owns 98,323 shares of the company’s stock valued at $4,228,000 after acquiring an additional 5,844 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of iShares MSCI Pacific ex Japan ETF by 13.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 163,100 shares of the company’s stock worth $7,013,000 after purchasing an additional 18,781 shares during the last quarter. Finally, Lee Danner & Bass Inc. acquired a new stake in iShares MSCI Pacific ex Japan ETF in the second quarter valued at $894,000. 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).