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

JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 16.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,919 shares of the company’s stock after acquiring an additional 3,423 shares during the quarter. JPMorgan Chase & Co. owned 0.29% of iShares MSCI USA Equal Weighted ETF worth $2,290,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Arkadios Wealth Advisors increased its holdings in iShares MSCI USA Equal Weighted ETF by 5.0% in the third quarter. Arkadios Wealth Advisors now owns 327,385 shares of the company’s stock valued at $31,344,000 after buying an additional 15,577 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in iShares MSCI USA Equal Weighted ETF by 24.6% in the third quarter. Farther Finance Advisors LLC now owns 25,448 shares of the company’s stock valued at $2,436,000 after buying an additional 5,031 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in iShares MSCI USA Equal Weighted ETF by 10.3% in the third quarter. Sunbelt Securities Inc. now owns 37,590 shares of the company’s stock valued at $3,599,000 after buying an additional 3,516 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new stake in iShares MSCI USA Equal Weighted ETF in the third quarter valued at about $218,000. Finally, Captrust Financial Advisors increased its holdings in iShares MSCI USA Equal Weighted ETF by 22.9% in the third quarter. Captrust Financial Advisors now owns 2,943 shares of the company’s stock valued at $282,000 after buying an additional 549 shares during the last quarter.

iShares MSCI USA Equal Weighted ETF Stock Up 1.2 %

Shares of iShares MSCI USA Equal Weighted ETF stock opened at $99.57 on Wednesday. The firm has a market cap of $831.41 million, a P/E ratio of 20.39 and a beta of 0.97. The business has a 50-day moving average price of $98.34 and a 200 day moving average price of $95.01. iShares MSCI USA Equal Weighted ETF has a fifty-two week low of $83.39 and a fifty-two week high of $102.53.

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.