JPMorgan Chase & Co. Has $55.54 Million Stock Position in iShares MSCI USA Equal Weighted ETF $EUSA

JPMorgan Chase & Co. increased its position in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 8.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 539,349 shares of the company’s stock after purchasing an additional 40,568 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI USA Equal Weighted ETF were worth $55,537,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of EUSA. Davidson Trust Co. acquired a new position in shares of iShares MSCI USA Equal Weighted ETF in the 3rd quarter valued at approximately $258,000. Crescent Grove Advisors LLC boosted its position in shares of iShares MSCI USA Equal Weighted ETF by 17.0% during the 2nd quarter. Crescent Grove Advisors LLC now owns 4,043 shares of the company’s stock worth $401,000 after acquiring an additional 586 shares in the last quarter. NewEdge Advisors LLC increased its stake in iShares MSCI USA Equal Weighted ETF by 12.0% in the first quarter. NewEdge Advisors LLC now owns 6,724 shares of the company’s stock valued at $629,000 after acquiring an additional 723 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in iShares MSCI USA Equal Weighted ETF during the second quarter valued at approximately $913,000. Finally, Transcend Capital Advisors LLC lifted its stake in iShares MSCI USA Equal Weighted ETF by 2.4% during the third quarter. Transcend Capital Advisors LLC now owns 14,512 shares of the company’s stock worth $1,494,000 after purchasing an additional 347 shares during the last quarter.

iShares MSCI USA Equal Weighted ETF Stock Up 0.2%

Shares of EUSA stock opened at $107.63 on Thursday. The business has a fifty day simple moving average of $106.10 and a 200 day simple moving average of $103.75. The company has a market cap of $1.56 billion, a P/E ratio of 20.72 and a beta of 1.03. iShares MSCI USA Equal Weighted ETF has a twelve month low of $81.38 and a twelve month high of $108.54.

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. 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.