JPMorgan Chase & Co. Raises Holdings in iShares MSCI USA Equal Weighted ETF $EUSA

JPMorgan Chase & Co. lifted its position in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 8.1% in the 3rd quarter, Holdings Channel reports. The fund owned 539,349 shares of the company’s stock after buying 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 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in EUSA. NewEdge Advisors LLC raised its stake in iShares MSCI USA Equal Weighted ETF by 12.0% in the 1st 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 period. Crescent Grove Advisors LLC increased its stake in shares of iShares MSCI USA Equal Weighted ETF by 17.0% in the second quarter. Crescent Grove Advisors LLC now owns 4,043 shares of the company’s stock worth $401,000 after purchasing an additional 586 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI USA Equal Weighted ETF in the second quarter valued at approximately $913,000. Farther Finance Advisors LLC raised its position in shares of iShares MSCI USA Equal Weighted ETF by 6.1% in the third quarter. Farther Finance Advisors LLC now owns 34,777 shares of the company’s stock valued at $3,581,000 after purchasing an additional 1,997 shares during the period. Finally, Davidson Trust Co. purchased a new stake in shares of iShares MSCI USA Equal Weighted ETF during the 3rd quarter valued at approximately $258,000.

iShares MSCI USA Equal Weighted ETF Trading Down 1.5%

EUSA opened at $100.89 on Friday. The company has a 50 day moving average of $106.21 and a 200 day moving average of $104.12. The company has a market cap of $1.46 billion, a PE ratio of 20.72 and a beta of 1.03. iShares MSCI USA Equal Weighted ETF has a 12 month low of $81.38 and a 12 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.