FDx Advisors Inc. Makes New Investment in iShares MSCI USA Equal Weighted ETF $EUSA

FDx Advisors Inc. acquired a new position in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,389 shares of the company’s stock, valued at approximately $1,157,000. FDx Advisors Inc. owned 0.06% of iShares MSCI USA Equal Weighted ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EUSA. Davidson Trust Co. bought a new position in iShares MSCI USA Equal Weighted ETF during the third quarter worth about $279,000. Crescent Grove Advisors LLC increased its stake in iShares MSCI USA Equal Weighted ETF by 35.0% in the first quarter. Crescent Grove Advisors LLC now owns 12,208 shares of the company’s stock valued at $1,242,000 after purchasing an additional 3,165 shares in the last quarter. Farther Finance Advisors LLC increased its stake in iShares MSCI USA Equal Weighted ETF by 0.3% in the third quarter. Farther Finance Advisors LLC now owns 40,021 shares of the company’s stock valued at $4,456,000 after purchasing an additional 115 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in iShares MSCI USA Equal Weighted ETF by 26.5% in the first quarter. Sunbelt Securities Inc. now owns 62,653 shares of the company’s stock worth $6,376,000 after purchasing an additional 13,142 shares during the period. Finally, Arkadios Wealth Advisors raised its holdings in iShares MSCI USA Equal Weighted ETF by 5.2% in the first quarter. Arkadios Wealth Advisors now owns 251,323 shares of the company’s stock worth $25,577,000 after purchasing an additional 12,457 shares during the period.

iShares MSCI USA Equal Weighted ETF Price Performance

EUSA traded up $0.06 during mid-day trading on Friday, hitting $116.30. The stock had a trading volume of 35,891 shares, compared to its average volume of 61,486. The stock’s fifty day simple moving average is $114.40 and its 200-day simple moving average is $111.38. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 21.09 and a beta of 0.97. iShares MSCI USA Equal Weighted ETF has a 1-year low of $98.54 and a 1-year high of $119.75.

About iShares MSCI USA Equal Weighted ETF

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. The Fund invests at least 90% of its assets in the securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.