iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Sets New 1-Year High – Here’s Why

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) shares hit a new 52-week high on Friday . The stock traded as high as $113.50 and last traded at $113.41, with a volume of 7248 shares. The stock had previously closed at $112.55.

iShares MSCI USA Equal Weighted ETF Trading Up 0.7%

The firm has a fifty day moving average of $108.71 and a two-hundred day moving average of $106.32. The company has a market cap of $1.66 billion, a PE ratio of 20.72 and a beta of 0.97.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

Large investors have recently modified their holdings of the business. NewEdge Advisors LLC raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 12.0% during the 1st quarter. NewEdge Advisors LLC now owns 6,724 shares of the company’s stock valued at $629,000 after buying an additional 723 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 8.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 539,349 shares of the company’s stock valued at $55,537,000 after buying an additional 40,568 shares in the last quarter. Goodman Financial Corp raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 217.8% during the 4th quarter. Goodman Financial Corp now owns 8,685 shares of the company’s stock valued at $898,000 after buying an additional 5,952 shares in the last quarter. Finley Financial LLC raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 64.3% during the 4th quarter. Finley Financial LLC now owns 9,860 shares of the company’s stock valued at $1,019,000 after buying an additional 3,860 shares in the last quarter. Finally, Crews Bank & Trust raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 0.4% during the 4th quarter. Crews Bank & Trust now owns 151,634 shares of the company’s stock valued at $15,674,000 after buying an additional 604 shares in the last quarter.

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. 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.