JPMorgan Chase & Co. Boosts Stake in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA)

JPMorgan Chase & Co. increased its position in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 14.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,389 shares of the company’s stock after buying an additional 3,470 shares during the quarter. JPMorgan Chase & Co. owned about 0.33% of iShares MSCI USA Equal Weighted ETF worth $2,612,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in EUSA. Arkadios Wealth Advisors grew its position in shares of iShares MSCI USA Equal Weighted ETF by 8.8% during the fourth quarter. Arkadios Wealth Advisors now owns 356,049 shares of the company’s stock worth $33,953,000 after acquiring an additional 28,664 shares during the last quarter. Crews Bank & Trust purchased a new position in iShares MSCI USA Equal Weighted ETF during the 4th quarter worth $14,322,000. Farther Finance Advisors LLC increased its stake in iShares MSCI USA Equal Weighted ETF by 12.0% in the fourth quarter. Farther Finance Advisors LLC now owns 28,494 shares of the company’s stock valued at $2,717,000 after purchasing an additional 3,046 shares during the period. Goodman Financial Corp acquired a new position in iShares MSCI USA Equal Weighted ETF in the fourth quarter valued at $932,000. Finally, Transcend Capital Advisors LLC raised its holdings in shares of iShares MSCI USA Equal Weighted ETF by 35.1% in the fourth quarter. Transcend Capital Advisors LLC now owns 4,366 shares of the company’s stock valued at $416,000 after buying an additional 1,135 shares during the last quarter.

iShares MSCI USA Equal Weighted ETF Stock Up 2.5 %

NYSEARCA EUSA opened at $88.57 on Wednesday. The business’s 50-day moving average price is $92.99 and its 200 day moving average price is $96.27. The firm has a market cap of $1.16 billion, a P/E ratio of 19.24 and a beta of 1.05. iShares MSCI USA Equal Weighted ETF has a 52-week low of $81.38 and a 52-week high of $102.53.

About iShares MSCI USA Equal Weighted ETF

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.