iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Sees Large Volume Increase

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) shares saw strong trading volume on Monday . 33,761 shares traded hands during mid-day trading, a decline of 21% from the previous session’s volume of 42,841 shares.The stock last traded at $93.80 and had previously closed at $93.40.

iShares MSCI USA Equal Weighted ETF Stock Up 0.2 %

The company has a 50 day moving average price of $89.65 and a 200-day moving average price of $88.63. The company has a market cap of $781.14 million, a price-to-earnings ratio of 20.39 and a beta of 0.97.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors increased its stake in shares of iShares MSCI USA Equal Weighted ETF by 3.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 311,808 shares of the company’s stock valued at $27,517,000 after acquiring an additional 10,930 shares in the last quarter. Davidson Investment Advisors increased its holdings in shares of iShares MSCI USA Equal Weighted ETF by 3.8% during the second quarter. Davidson Investment Advisors now owns 306,707 shares of the company’s stock valued at $27,067,000 after acquiring an additional 11,344 shares in the last quarter. Walled Lake Planning & Wealth Management LLC raised its position in shares of iShares MSCI USA Equal Weighted ETF by 4.6% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 113,772 shares of the company’s stock worth $9,607,000 after purchasing an additional 5,011 shares during the period. Sunbelt Securities Inc. lifted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 9.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 34,074 shares of the company’s stock worth $3,007,000 after purchasing an additional 3,078 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in iShares MSCI USA Equal Weighted ETF by 26.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 20,417 shares of the company’s stock valued at $1,790,000 after purchasing an additional 4,258 shares during the period.

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.