Sunbelt Securities Inc. Sells 7,394 Shares of iShares MSCI USA Equal Weighted ETF $EUSA

Sunbelt Securities Inc. cut its holdings in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 13.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 46,109 shares of the company’s stock after selling 7,394 shares during the quarter. Sunbelt Securities Inc. owned about 0.34% of iShares MSCI USA Equal Weighted ETF worth $4,748,000 as of its most recent SEC filing.

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

iShares MSCI USA Equal Weighted ETF Trading Up 0.2%

Shares of NYSEARCA EUSA opened at $103.81 on Wednesday. The firm has a market cap of $1.50 billion, a PE ratio of 20.72 and a beta of 1.03. iShares MSCI USA Equal Weighted ETF has a 1-year low of $81.38 and a 1-year high of $108.54. The company has a fifty day moving average price of $106.45 and a 200 day moving average price of $104.16.

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. 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.