Crescent Grove Advisors LLC Purchases Shares of 2,660 iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA)

Crescent Grove Advisors LLC acquired a new position in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 2,660 shares of the company’s stock, valued at approximately $254,000.

A number of other large investors have also recently added to or reduced their stakes in EUSA. Arkadios Wealth Advisors raised its stake in iShares MSCI USA Equal Weighted ETF by 8.8% in the 4th quarter. Arkadios Wealth Advisors now owns 356,049 shares of the company’s stock worth $33,953,000 after purchasing an additional 28,664 shares in the last quarter. Sunbelt Securities Inc. raised its stake in iShares MSCI USA Equal Weighted ETF by 10.3% during the third quarter. Sunbelt Securities Inc. now owns 37,590 shares of the company’s stock worth $3,599,000 after buying an additional 3,516 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 24.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 25,448 shares of the company’s stock worth $2,436,000 after buying an additional 5,031 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI USA Equal Weighted ETF by 16.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,919 shares of the company’s stock valued at $2,290,000 after buying an additional 3,423 shares in the last quarter. Finally, Captrust Financial Advisors grew 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 valued at $282,000 after buying an additional 549 shares during the last quarter.

iShares MSCI USA Equal Weighted ETF Trading Down 0.1 %

Shares of NYSEARCA:EUSA opened at $99.73 on Monday. The stock’s fifty day simple moving average is $98.39 and its two-hundred day simple moving average is $95.28. iShares MSCI USA Equal Weighted ETF has a 1-year low of $83.44 and a 1-year high of $102.53. The stock has a market cap of $832.75 million, a PE ratio of 20.39 and a beta of 0.97.

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.