Sunbelt Securities Inc. Has $6.38 Million Position in iShares MSCI USA Equal Weighted ETF $EUSA

Sunbelt Securities Inc. lifted its holdings in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 26.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,653 shares of the company’s stock after purchasing an additional 13,142 shares during the period. Sunbelt Securities Inc. owned 0.43% of iShares MSCI USA Equal Weighted ETF worth $6,376,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in EUSA. Calydon Capital boosted its stake in iShares MSCI USA Equal Weighted ETF by 37.5% during the 4th quarter. Calydon Capital now owns 283,196 shares of the company’s stock valued at $29,274,000 after purchasing an additional 77,244 shares during the period. Davidson Investment Advisors increased its position in iShares MSCI USA Equal Weighted ETF by 4.9% in the 4th quarter. Davidson Investment Advisors now owns 234,544 shares of the company’s stock worth $24,245,000 after buying an additional 10,936 shares during the period. Crews Bank & Trust lifted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 0.4% during the fourth quarter. Crews Bank & Trust now owns 151,634 shares of the company’s stock worth $15,674,000 after buying an additional 604 shares during the last quarter. Palladiem LLC acquired a new position in shares of iShares MSCI USA Equal Weighted ETF during the fourth quarter worth approximately $8,284,000. Finally, Advisory Services Network LLC boosted its position in shares of iShares MSCI USA Equal Weighted ETF by 11.5% in the fourth quarter. Advisory Services Network LLC now owns 24,645 shares of the company’s stock valued at $2,548,000 after acquiring an additional 2,534 shares during the period.

iShares MSCI USA Equal Weighted ETF Trading Up 0.9%

Shares of iShares MSCI USA Equal Weighted ETF stock opened at $115.86 on Wednesday. The company’s fifty day simple moving average is $113.14 and its 200-day simple moving average is $108.62. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 20.72 and a beta of 0.96. iShares MSCI USA Equal Weighted ETF has a 1 year low of $98.24 and a 1 year high of $116.11.

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.