Farther Finance Advisors LLC Purchases 3,046 Shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA)

Farther Finance Advisors LLC grew its position in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 12.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,494 shares of the company’s stock after purchasing an additional 3,046 shares during the period. Farther Finance Advisors LLC owned about 0.34% of iShares MSCI USA Equal Weighted ETF worth $2,717,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EUSA. Captrust Financial Advisors increased its position in shares of iShares MSCI USA Equal Weighted ETF by 22.9% in the 3rd quarter. Captrust Financial Advisors now owns 2,943 shares of the company’s stock valued at $282,000 after buying an additional 549 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI USA Equal Weighted ETF by 16.7% in the third quarter. JPMorgan Chase & Co. now owns 23,919 shares of the company’s stock worth $2,290,000 after acquiring an additional 3,423 shares in the last quarter. Transcend Capital Advisors LLC increased its holdings in shares of iShares MSCI USA Equal Weighted ETF by 35.1% in the fourth quarter. Transcend Capital Advisors LLC now owns 4,366 shares of the company’s stock worth $416,000 after acquiring an additional 1,135 shares in the last quarter. Crescent Grove Advisors LLC acquired a new stake in shares of iShares MSCI USA Equal Weighted ETF during the fourth quarter worth about $254,000. Finally, Prime Capital Investment Advisors LLC bought a new position in shares of iShares MSCI USA Equal Weighted ETF during the 3rd quarter valued at about $218,000.

iShares MSCI USA Equal Weighted ETF Stock Performance

Shares of EUSA opened at $92.60 on Thursday. The stock has a 50 day simple moving average of $97.64 and a 200 day simple moving average of $97.01. iShares MSCI USA Equal Weighted ETF has a 52-week low of $85.17 and a 52-week high of $102.53. The firm has a market capitalization of $1.18 billion, a PE ratio of 21.97 and a beta of 1.11.

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.