iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Trading Down 3.1% – Should You Sell?

Shares of iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) dropped 3.1% during trading on Wednesday . The stock traded as low as $43.66 and last traded at $43.70. Approximately 426,164 shares changed hands during mid-day 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 Performance

The business has a 50 day simple moving average of $46.71 and a 200 day simple moving average of $45.44.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. boosted its stake in shares of iShares MSCI Pacific ex Japan ETF by 13.0% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 163,100 shares of the company’s stock valued at $7,013,000 after buying an additional 18,781 shares during the period. Stelac Advisory Services LLC grew its holdings in iShares MSCI Pacific ex Japan ETF by 4.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 41,926 shares of the company’s stock worth $1,803,000 after acquiring an additional 1,797 shares in the last quarter. Lee Danner & Bass Inc. purchased a new stake in shares of iShares MSCI Pacific ex Japan ETF during the 2nd quarter worth $894,000. Resolute Advisors LLC increased its holdings in iShares MSCI Pacific ex Japan ETF by 1.6% in the second quarter. Resolute Advisors LLC now owns 20,321 shares of the company’s stock valued at $874,000 after buying an additional 329 shares during the last quarter. Finally, Rathbones Group PLC raised its stake in iShares MSCI Pacific ex Japan ETF by 6.3% in 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 in the last quarter. Institutional investors and hedge funds own 74.75% of the company’s stock.

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).