iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its stake in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 16.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 23,919 shares of the company’s stock after acquiring an additional 3,423 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI USA Equal Weighted ETF were worth $2,290,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Riverview Trust Co acquired a new stake in shares of iShares MSCI USA Equal Weighted ETF during the 3rd quarter valued at $45,000. Prime Capital Investment Advisors LLC acquired a new stake in iShares MSCI USA Equal Weighted ETF during the 3rd quarter valued at $218,000. Captrust Financial Advisors raised its stake in iShares MSCI USA Equal Weighted ETF by 22.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,943 shares of the company’s stock valued at $282,000 after purchasing an additional 549 shares during the period. Farther Finance Advisors LLC raised its stake 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 valued at $2,436,000 after purchasing an additional 5,031 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in iShares MSCI USA Equal Weighted ETF by 9.9% during the 2nd quarter. Sunbelt Securities Inc. now owns 34,074 shares of the company’s stock valued at $3,007,000 after purchasing an additional 3,078 shares during the period.

iShares MSCI USA Equal Weighted ETF Stock Up 1.2 %

Shares of NYSEARCA:EUSA opened at $99.57 on Wednesday. iShares MSCI USA Equal Weighted ETF has a 12-month low of $83.39 and a 12-month high of $102.53. The company’s fifty day moving average is $98.34 and its two-hundred day moving average is $95.01. The company has a market cap of $831.41 million, a P/E ratio of 20.39 and a beta of 0.97.

iShares MSCI USA Equal Weighted ETF 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.