Bangor Savings Bank Raises Holdings in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA)

Bangor Savings Bank boosted its stake in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 94.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,431 shares of the company’s stock after purchasing an additional 5,540 shares during the period. Bangor Savings Bank owned about 0.18% of iShares MSCI USA Equal Weighted ETF worth $1,040,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arkadios Wealth Advisors grew its position in shares of iShares MSCI USA Equal Weighted ETF by 7.7% in the 4th quarter. Arkadios Wealth Advisors now owns 294,199 shares of the company’s stock worth $24,842,000 after buying an additional 21,046 shares during the last quarter. Cubic Asset Management LLC bought a new position in iShares MSCI USA Equal Weighted ETF in the fourth quarter worth $203,000. Sunbelt Securities Inc. lifted its position in iShares MSCI USA Equal Weighted ETF by 0.8% during the third quarter. Sunbelt Securities Inc. now owns 33,018 shares of the company’s stock valued at $2,483,000 after buying an additional 261 shares during the period. Parallel Advisors LLC increased its stake in shares of 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 worth $1,018,000 after acquiring an additional 998 shares in the last quarter. Finally, Cassady Schiller Wealth Management LLC lifted its position in iShares MSCI USA Equal Weighted ETF by 49.5% during the 4th 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 period.

iShares MSCI USA Equal Weighted ETF Stock Up 0.2 %

Shares of EUSA opened at $88.42 on Monday. The stock has a market cap of $738.31 million, a P/E ratio of 20.39 and a beta of 0.97. The business’s 50 day moving average price is $88.01 and its 200-day moving average price is $86.65. iShares MSCI USA Equal Weighted ETF has a 52 week low of $70.53 and a 52 week high of $91.14.

iShares MSCI USA Equal Weighted ETF 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.