Davidson Investment Advisors Acquires 10,936 Shares of iShares MSCI USA Equal Weighted ETF $EUSA

Davidson Investment Advisors boosted its holdings in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,544 shares of the company’s stock after acquiring an additional 10,936 shares during the period. Davidson Investment Advisors owned about 1.62% of iShares MSCI USA Equal Weighted ETF worth $24,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Transcend Capital Advisors LLC grew its holdings in iShares MSCI USA Equal Weighted ETF by 2.4% during the 3rd quarter. Transcend Capital Advisors LLC now owns 14,512 shares of the company’s stock worth $1,494,000 after acquiring an additional 347 shares in the last quarter. Crews Bank & Trust grew its holdings in iShares MSCI USA Equal Weighted ETF by 0.4% during the 4th quarter. Crews Bank & Trust now owns 151,634 shares of the company’s stock worth $15,674,000 after acquiring an additional 604 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 12.0% in the 1st quarter. NewEdge Advisors LLC now owns 6,724 shares of the company’s stock valued at $629,000 after buying an additional 723 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 6.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 34,777 shares of the company’s stock valued at $3,581,000 after buying an additional 1,997 shares in the last quarter. Finally, Davidson Trust Co. bought a new stake in shares of iShares MSCI USA Equal Weighted ETF in the 3rd quarter valued at about $258,000.

iShares MSCI USA Equal Weighted ETF Stock Performance

NYSEARCA:EUSA opened at $108.55 on Monday. iShares MSCI USA Equal Weighted ETF has a fifty-two week low of $85.60 and a fifty-two week high of $108.98. The stock has a market capitalization of $1.58 billion, a P/E ratio of 20.72 and a beta of 0.99. The company’s 50-day simple moving average is $105.04 and its 200-day simple moving average is $104.28.

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.