iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Sets New 12-Month High – What’s Next?

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $104.93 and last traded at $102.87, with a volume of 100 shares changing hands. The stock had previously closed at $102.00.

iShares MSCI USA Equal Weighted ETF Price Performance

The firm has a market cap of $1.40 billion, a PE ratio of 20.72 and a beta of 1.08. The business’s 50 day moving average price is $102.44 and its 200 day moving average price is $98.18.

Institutional Investors Weigh In On iShares MSCI USA Equal Weighted ETF

Several large investors have recently bought and sold shares of the company. Atlas Capital Advisors Inc. purchased a new position in shares of iShares MSCI USA Equal Weighted ETF in the first quarter valued at approximately $45,000. Davidson Trust Co. purchased a new stake in shares of iShares MSCI USA Equal Weighted ETF during the third quarter worth approximately $258,000. Crescent Grove Advisors LLC raised its stake in iShares MSCI USA Equal Weighted ETF by 30.0% in the 1st quarter. Crescent Grove Advisors LLC now owns 3,457 shares of the company’s stock valued at $324,000 after purchasing an additional 797 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in iShares MSCI USA Equal Weighted ETF by 12.0% in the 1st quarter. NewEdge Advisors LLC now owns 6,724 shares of the company’s stock valued at $629,000 after purchasing an additional 723 shares in the last quarter. Finally, Transcend Capital Advisors LLC lifted its holdings in iShares MSCI USA Equal Weighted ETF by 54.7% in the 1st quarter. Transcend Capital Advisors LLC now owns 6,755 shares of the company’s stock valued at $632,000 after purchasing an additional 2,389 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.