iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA – Get Free Report) shares saw strong trading volume on Tuesday. Approximately 276,235 shares were traded during trading, an increase of 358% from the average daily volume of 60,265 shares. The stock last traded at $115.7350 and had previously closed at $116.09.
iShares MSCI USA Equal Weighted ETF Stock Down 0.6%
The business has a 50 day simple moving average of $114.42 and a 200 day simple moving average of $111.18. The company has a market capitalization of $1.88 billion, a PE ratio of 20.72 and a beta of 0.97.
Hedge Funds Weigh In On iShares MSCI USA Equal Weighted ETF
Hedge funds have recently modified their holdings of the stock. Davidson Trust Co. purchased a new stake in iShares MSCI USA Equal Weighted ETF during the 3rd quarter valued at about $279,000. FDx Advisors Inc. purchased a new position in iShares MSCI USA Equal Weighted ETF in the 3rd quarter valued at $1,157,000. Crescent Grove Advisors LLC lifted its holdings in iShares MSCI USA Equal Weighted ETF by 35.0% in the 1st quarter. Crescent Grove Advisors LLC now owns 12,208 shares of the company’s stock valued at $1,242,000 after purchasing an additional 3,165 shares in the last quarter. Bessemer Group Inc. purchased a new position in iShares MSCI USA Equal Weighted ETF in the 3rd quarter valued at $1,509,000. Finally, Goodman Financial Corp boosted its stake in iShares MSCI USA Equal Weighted ETF by 58.0% during the 1st quarter. Goodman Financial Corp now owns 13,725 shares of the company’s stock worth $1,397,000 after purchasing an additional 5,040 shares during 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. 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.
See Also
- Five stocks we like better than iShares MSCI USA Equal Weighted ETF
- DraftKings Just Lost 20%—And Its Biggest Gamble Is Still Ahead
- Barrick’s Earnings Beat Could Be Overshadowed by an Even Bigger Opportunity
- Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings?
- Wall Street May Be Making a Big Mistake With monday.com Stock
Receive News & Ratings for iShares MSCI USA Equal Weighted ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Equal Weighted ETF and related companies with MarketBeat.com's FREE daily email newsletter.
