iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Hits New 52-Week High – Here’s What Happened

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) hit a new 52-week high on Wednesday . The stock traded as high as $98.27 and last traded at $97.82, with a volume of 9931 shares. The stock had previously closed at $96.13.

iShares MSCI USA Equal Weighted ETF Stock Up 2.5 %

The stock has a 50-day moving average price of $94.83 and a 200 day moving average price of $91.14. The firm has a market capitalization of $822.98 million, a price-to-earnings ratio of 20.39 and a beta of 0.97.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

A number of large investors have recently made changes to their positions in EUSA. Arkadios Wealth Advisors boosted its stake in shares of iShares MSCI USA Equal Weighted ETF by 5.0% in the third quarter. Arkadios Wealth Advisors now owns 327,385 shares of the company’s stock valued at $31,344,000 after buying an additional 15,577 shares in the last quarter. Davidson Investment Advisors raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 3.8% in the second quarter. Davidson Investment Advisors now owns 306,707 shares of the company’s stock worth $27,067,000 after acquiring an additional 11,344 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in iShares MSCI USA Equal Weighted ETF by 9.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 34,074 shares of the company’s stock valued at $3,007,000 after purchasing an additional 3,078 shares in the last quarter. Farther Finance Advisors LLC grew its stake in iShares MSCI USA Equal Weighted ETF by 24.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 25,448 shares of the company’s stock worth $2,436,000 after acquiring an additional 5,031 shares during the period. Finally, Prime Capital Investment Advisors LLC purchased a new position in iShares MSCI USA Equal Weighted ETF during the third quarter worth about $218,000.

iShares MSCI USA Equal Weighted ETF Company Profile

iShares MSCI USA ETF, formerly iShares MSCI USA Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment resulte that correspond to the price and yield performance of the MSCI USA Index (the Underlying Index). The Underlying Index is a market capitalization weighted index designed to measure the performance of equity securities in the 85% by market capitalization of equity securities listed on stock exchanges in the United States.