Sunbelt Securities Inc. Buys 13,142 Shares of iShares MSCI USA Equal Weighted ETF $EUSA

Sunbelt Securities Inc. increased its position in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 26.5% during the first quarter, Holdings Channel reports. The institutional investor owned 62,653 shares of the company’s stock after purchasing an additional 13,142 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares MSCI USA Equal Weighted ETF were worth $6,376,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bogart Wealth LLC bought a new stake in iShares MSCI USA Equal Weighted ETF during the fourth quarter worth about $25,000. NewEdge Advisors LLC increased its holdings in shares of iShares MSCI USA Equal Weighted ETF by 12.0% during the first quarter. NewEdge Advisors LLC now owns 6,724 shares of the company’s stock worth $629,000 after buying an additional 723 shares in the last quarter. Crescent Grove Advisors LLC raised its stake in shares of iShares MSCI USA Equal Weighted ETF by 60.5% in the fourth quarter. Crescent Grove Advisors LLC now owns 9,043 shares of the company’s stock valued at $935,000 after acquiring an additional 3,408 shares during the last quarter. Finley Financial LLC boosted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 64.3% in the 4th quarter. Finley Financial LLC now owns 9,860 shares of the company’s stock worth $1,019,000 after acquiring an additional 3,860 shares in the last quarter. Finally, Goodman Financial Corp boosted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 58.0% in the 1st quarter. Goodman Financial Corp now owns 13,725 shares of the company’s stock worth $1,397,000 after acquiring an additional 5,040 shares in the last quarter.

iShares MSCI USA Equal Weighted ETF Price Performance

NYSEARCA EUSA opened at $115.86 on Wednesday. The firm has a market cap of $1.84 billion, a PE ratio of 20.72 and a beta of 0.96. iShares MSCI USA Equal Weighted ETF has a one year low of $98.24 and a one year high of $116.11. The stock’s 50 day simple moving average is $113.14 and its 200 day simple moving average is $108.62.

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. The Fund invests at least 90% of its assets in the securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.