iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Reaches New 1-Year High at $93.96

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) shares hit a new 52-week high during trading on Thursday . The company traded as high as $93.96 and last traded at $93.88, with a volume of 7641 shares trading hands. The stock had previously closed at $93.01.

iShares MSCI USA Equal Weighted ETF Stock Performance

The stock has a 50-day simple moving average of $90.18 and a 200 day simple moving average of $88.86. The stock has a market capitalization of $785.90 million, a P/E ratio of 20.39 and a beta of 0.97.

Institutional Investors Weigh In On iShares MSCI USA Equal Weighted ETF

A number of large investors have recently added to or reduced their stakes in the business. Walled Lake Planning & Wealth Management LLC lifted its position in iShares MSCI USA Equal Weighted ETF by 4.6% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 113,772 shares of the company’s stock worth $9,607,000 after acquiring an additional 5,011 shares during the last quarter. Bangor Savings Bank lifted its holdings in iShares MSCI USA Equal Weighted ETF by 94.0% during the 1st quarter. Bangor Savings Bank now owns 11,431 shares of the company’s stock worth $1,040,000 after purchasing an additional 5,540 shares during the last quarter. Parallel Advisors LLC boosted its stake in iShares MSCI USA Equal Weighted ETF by 9.0% in the 4th quarter. Parallel Advisors LLC now owns 12,055 shares of the company’s stock valued at $1,018,000 after purchasing an additional 998 shares during the period. Cassady Schiller Wealth Management LLC grew its holdings in iShares MSCI USA Equal Weighted ETF by 49.5% in the 4th quarter. Cassady Schiller Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $120,000 after buying an additional 470 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its position in iShares MSCI USA Equal Weighted ETF by 9.9% during the 2nd quarter. Sunbelt Securities Inc. now owns 34,074 shares of the company’s stock worth $3,007,000 after buying an additional 3,078 shares during the period.

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.