iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw strong trading volume on Wednesday . 120,641 shares traded hands during 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 Trading Up 1.2 %

The stock’s 50 day simple moving average is $47.36 and its two-hundred day simple moving average is $45.22.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Resolute Advisors LLC raised 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 worth $874,000 after buying an additional 329 shares during the last quarter. Lee Danner & Bass Inc. purchased a new position in iShares MSCI Pacific ex Japan ETF in the 2nd quarter worth approximately $894,000. 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. Financial Management Professionals Inc. purchased a new stake in iShares MSCI Pacific ex Japan ETF during the 3rd quarter valued at $3,790,000. Finally, Rathbones Group PLC boosted its stake in iShares MSCI Pacific ex Japan ETF by 6.3% during the 2nd quarter. Rathbones Group PLC now owns 98,323 shares of the company’s stock valued at $4,228,000 after purchasing an additional 5,844 shares during the last quarter. Institutional investors own 74.75% of the company’s stock.

About iShares MSCI Pacific ex Japan ETF

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).