iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 28,962 shares, a decline of 70.3% from the May 14th total of 97,462 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 25,704 shares, the short-interest ratio is presently 1.1 days.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI USA Equal Weighted ETF by 8.1% in the third quarter. JPMorgan Chase & Co. now owns 539,349 shares of the company’s stock valued at $55,537,000 after purchasing an additional 40,568 shares in the last quarter. Calydon Capital grew its holdings in iShares MSCI USA Equal Weighted ETF by 37.5% during the 4th quarter. Calydon Capital now owns 283,196 shares of the company’s stock worth $29,274,000 after acquiring an additional 77,244 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in iShares MSCI USA Equal Weighted ETF by 5.2% during the 1st quarter. Arkadios Wealth Advisors now owns 251,323 shares of the company’s stock worth $25,577,000 after acquiring an additional 12,457 shares in the last quarter. Davidson Investment Advisors lifted its position in shares of iShares MSCI USA Equal Weighted ETF by 4.9% during the 4th quarter. Davidson Investment Advisors now owns 234,544 shares of the company’s stock worth $24,245,000 after buying an additional 10,936 shares during the last quarter. Finally, Crews Bank & Trust lifted its position 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 worth $15,674,000 after buying an additional 604 shares during the last quarter.
iShares MSCI USA Equal Weighted ETF Price Performance
Shares of EUSA stock traded up $0.75 during trading on Friday, reaching $113.30. The company’s stock had a trading volume of 35,033 shares, compared to its average volume of 45,317. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 20.72 and a beta of 0.97. The stock’s 50-day moving average price is $108.94 and its 200 day moving average price is $106.37. iShares MSCI USA Equal Weighted ETF has a 1-year low of $95.82 and a 1-year high of $113.50.
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.
Read More
- Five stocks we like better than iShares MSCI USA Equal Weighted ETF
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for iShares MSCI USA Equal Weighted ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Equal Weighted ETF and related companies with MarketBeat.com's FREE daily email newsletter.
