JPMorgan Chase & Co. Sells 1,166,262 Shares of iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP)

JPMorgan Chase & Co. reduced its position in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) by 13.3% during the fourth quarter, HoldingsChannel reports. The fund owned 7,604,162 shares of the company’s stock after selling 1,166,262 shares during the quarter. JPMorgan Chase & Co. owned about 0.19% of iShares MSCI Pacific ex Japan ETF worth $333,138,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Money Design Co. Ltd. bought a new stake in iShares MSCI Pacific ex Japan ETF during the 4th quarter valued at $1,420,000. Providence First Trust Co bought a new stake in shares of iShares MSCI Pacific ex Japan ETF during the 4th quarter valued at $2,144,000. Finally, SBI Securities Co. Ltd. purchased a new stake in iShares MSCI Pacific ex Japan ETF during the 4th quarter worth about $233,000. 74.75% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Pacific ex Japan ETF Stock Down 1.2 %

Shares of NYSEARCA EPP opened at $44.25 on Monday. The business has a 50-day simple moving average of $45.04 and a two-hundred day simple moving average of $45.91. iShares MSCI Pacific ex Japan ETF has a 52 week low of $40.43 and a 52 week high of $49.29. The company has a market cap of $1.86 billion, a P/E ratio of 16.73 and a beta of 0.93.

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).