iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Sees Strong Trading Volume

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) saw strong trading volume on Thursday . 69,428 shares were traded during mid-day trading, an increase of 61% from the previous session’s volume of 43,043 shares.The stock last traded at $91.22 and had previously closed at $90.02.

iShares MSCI USA Equal Weighted ETF Trading Up 0.3 %

The firm has a market capitalization of $763.69 million, a price-to-earnings ratio of 20.39 and a beta of 0.97. The stock’s fifty day moving average price is $89.20 and its two-hundred day moving average price is $88.30.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Walled Lake Planning & Wealth Management LLC lifted its position in iShares MSCI USA Equal Weighted ETF by 4.6% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 113,772 shares of the company’s stock valued at $9,607,000 after acquiring an additional 5,011 shares during the last quarter. Bangor Savings Bank lifted its stake in iShares MSCI USA Equal Weighted ETF by 94.0% in the first quarter. Bangor Savings Bank now owns 11,431 shares of the company’s stock valued at $1,040,000 after buying an additional 5,540 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 9.0% in the fourth quarter. Parallel Advisors LLC now owns 12,055 shares of the company’s stock valued at $1,018,000 after acquiring an additional 998 shares during the period. Cassady Schiller Wealth Management LLC grew its position in shares of iShares MSCI USA Equal Weighted ETF by 49.5% during the fourth quarter. Cassady Schiller Wealth Management LLC now owns 1,420 shares of the company’s stock worth $120,000 after acquiring an additional 470 shares during the last quarter. Finally, Transcend Capital Advisors LLC acquired a new position in shares of iShares MSCI USA Equal Weighted ETF in the 4th quarter valued at $218,000.

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.