iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Sees Large Volume Increase

iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) shares saw unusually-strong trading volume on Wednesday . Approximately 21,235 shares traded hands during trading, a decline of 45% from the previous session’s volume of 38,406 shares.The stock last traded at $88.11 and had previously closed at $88.04.

iShares MSCI USA Equal Weighted ETF Stock Up 0.0 %

The company’s fifty day moving average price is $88.43 and its 200 day moving average price is $87.11. The company has a market capitalization of $735.30 million, a P/E ratio of 20.39 and a beta of 0.97.

Institutional Trading of iShares MSCI USA Equal Weighted ETF

Several large investors have recently modified their holdings of the stock. Cassady Schiller Wealth Management LLC increased its stake in iShares MSCI USA Equal Weighted ETF by 49.5% in the fourth quarter. Cassady Schiller Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $120,000 after acquiring an additional 470 shares during the last quarter. Cubic Asset Management LLC acquired a new position in shares of iShares MSCI USA Equal Weighted ETF during the 4th quarter worth $203,000. Transcend Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Equal Weighted ETF during the 4th quarter worth $218,000. Parallel Advisors LLC lifted its position in shares of iShares MSCI USA Equal Weighted ETF by 9.0% during the 4th quarter. Parallel Advisors LLC now owns 12,055 shares of the company’s stock worth $1,018,000 after buying an additional 998 shares during the last quarter. Finally, Bangor Savings Bank boosted its stake in iShares MSCI USA Equal Weighted ETF by 94.0% in the first quarter. Bangor Savings Bank now owns 11,431 shares of the company’s stock valued at $1,040,000 after buying an additional 5,540 shares in the last quarter.

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.