iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $116.29 and last traded at $116.11, with a volume of 1203 shares. The stock had previously closed at $115.83.
iShares MSCI USA Equal Weighted ETF Trading Down 0.3%
The firm’s 50-day moving average price is $113.74 and its 200-day moving average price is $109.01. The stock has a market capitalization of $1.87 billion, a PE ratio of 20.72 and a beta of 0.96.
Hedge Funds Weigh In On iShares MSCI USA Equal Weighted ETF
Large investors have recently modified their holdings of the stock. Calydon Capital lifted its position in iShares MSCI USA Equal Weighted ETF by 37.5% in the fourth quarter. Calydon Capital now owns 283,196 shares of the company’s stock worth $29,274,000 after buying an additional 77,244 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of 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 purchasing an additional 12,457 shares during the period. Davidson Investment Advisors raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 4.9% in the fourth 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 period. Palladiem LLC purchased a new stake in shares of iShares MSCI USA Equal Weighted ETF during the fourth quarter valued at $8,284,000. Finally, Sunbelt Securities Inc. grew its holdings in shares of 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 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.
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