iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Sees Large Volume Increase – Here’s Why

Shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) saw unusually-strong trading volume on Thursday . Approximately 239,983 shares traded hands during mid-day trading, an increase of 195% from the previous session’s volume of 81,311 shares.The stock last traded at $97.82 and had previously closed at $97.67.

iShares MSCI USA Equal Weighted ETF Stock Down 1.0 %

The stock has a market capitalization of $807.45 million, a P/E ratio of 20.39 and a beta of 0.97. The stock’s 50 day moving average price is $97.79 and its 200-day moving average price is $96.73.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

Large investors have recently bought and sold shares of the stock. Captrust Financial Advisors raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 22.9% during the third quarter. Captrust Financial Advisors now owns 2,943 shares of the company’s stock worth $282,000 after purchasing an additional 549 shares during the last quarter. Farther Finance Advisors LLC boosted its position in iShares MSCI USA Equal Weighted ETF by 24.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 25,448 shares of the company’s stock worth $2,436,000 after purchasing an additional 5,031 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MSCI USA Equal Weighted ETF by 16.7% during the third quarter. JPMorgan Chase & Co. now owns 23,919 shares of the company’s stock worth $2,290,000 after buying an additional 3,423 shares in the last quarter. Transcend Capital Advisors LLC boosted its holdings in iShares MSCI USA Equal Weighted ETF by 35.1% during the fourth quarter. Transcend Capital Advisors LLC now owns 4,366 shares of the company’s stock worth $416,000 after buying an additional 1,135 shares in the last quarter. Finally, Crescent Grove Advisors LLC acquired a new stake in iShares MSCI USA Equal Weighted ETF during the fourth quarter valued at $254,000.

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.