iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) saw unusually-high trading volume on Tuesday . Approximately 37,445 shares traded hands during trading, a decline of 21% from the previous session’s volume of 47,288 shares.The stock last traded at $96.30 and had previously closed at $96.18.

iShares MSCI USA Equal Weighted ETF Stock Performance

The company has a 50-day simple moving average of $98.54 and a 200 day simple moving average of $93.80. The company has a market capitalization of $807.11 million, a P/E ratio of 20.39 and a beta of 0.97.

Institutional Investors Weigh In On iShares MSCI USA Equal Weighted ETF

Several large investors have recently modified their holdings of EUSA. Arkadios Wealth Advisors increased its holdings in shares of iShares MSCI USA Equal Weighted ETF by 5.0% during the third quarter. Arkadios Wealth Advisors now owns 327,385 shares of the company’s stock worth $31,344,000 after buying an additional 15,577 shares in the last quarter. Davidson Investment Advisors grew 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 worth $27,067,000 after purchasing an additional 11,344 shares during the last quarter. Sunbelt Securities Inc. lifted its position in iShares MSCI USA Equal Weighted ETF by 10.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 37,590 shares of the company’s stock worth $3,599,000 after buying an additional 3,516 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in iShares MSCI USA Equal Weighted ETF by 24.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 25,448 shares of the company’s stock worth $2,436,000 after acquiring an additional 5,031 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in iShares MSCI USA Equal Weighted ETF by 22.9% in the 3rd quarter. Captrust Financial Advisors now owns 2,943 shares of the company’s stock valued at $282,000 after acquiring an additional 549 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.