iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) is Arkadios Wealth Advisors’ 8th Largest Position

Arkadios Wealth Advisors lifted its holdings in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 356,049 shares of the company’s stock after purchasing an additional 28,664 shares during the period. iShares MSCI USA Equal Weighted ETF comprises about 1.9% of Arkadios Wealth Advisors’ portfolio, making the stock its 8th largest holding. Arkadios Wealth Advisors’ holdings in iShares MSCI USA Equal Weighted ETF were worth $33,953,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of EUSA. Farther Finance Advisors LLC increased its stake in shares of iShares MSCI USA Equal Weighted ETF by 24.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 25,448 shares of the company’s stock valued at $2,436,000 after purchasing an additional 5,031 shares in the last quarter. Sunbelt Securities Inc. increased its stake in iShares MSCI USA Equal Weighted ETF by 10.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 37,590 shares of the company’s stock worth $3,599,000 after buying an additional 3,516 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares MSCI USA Equal Weighted ETF by 16.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,919 shares of the company’s stock worth $2,290,000 after buying an additional 3,423 shares in the last quarter. Prime Capital Investment Advisors LLC purchased a new stake in iShares MSCI USA Equal Weighted ETF during the 3rd quarter worth approximately $218,000. Finally, Captrust Financial Advisors increased its stake in iShares MSCI USA Equal Weighted ETF by 22.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,943 shares of the company’s stock worth $282,000 after buying an additional 549 shares in the last quarter.

iShares MSCI USA Equal Weighted ETF Trading Up 0.6 %

NYSEARCA:EUSA opened at $98.36 on Friday. iShares MSCI USA Equal Weighted ETF has a 12 month low of $81.77 and a 12 month high of $102.53. The stock has a 50 day moving average of $98.38 and a two-hundred day moving average of $94.84. The firm has a market cap of $821.31 million, a P/E ratio of 20.39 and a beta of 0.97.

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.