79,468 Shares in iShares MSCI USA Equal Weighted ETF $EUSA Acquired by Palladiem LLC

Palladiem LLC bought a new position in shares of iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 79,468 shares of the company’s stock, valued at approximately $8,284,000. iShares MSCI USA Equal Weighted ETF makes up 7.8% of Palladiem LLC’s portfolio, making the stock its 2nd biggest position.

Several other hedge funds have also added to or reduced their stakes in the business. Crescent Grove Advisors LLC boosted its position in iShares MSCI USA Equal Weighted ETF by 60.5% during the 4th quarter. Crescent Grove Advisors LLC now owns 9,043 shares of the company’s stock worth $935,000 after buying an additional 3,408 shares during the period. Cary Street Partners Financial LLC acquired a new stake in iShares MSCI USA Equal Weighted ETF in the fourth quarter valued at $1,575,000. Bogart Wealth LLC acquired a new stake in iShares MSCI USA Equal Weighted ETF in the fourth quarter valued at $25,000. Davidson Investment Advisors increased its holdings in iShares MSCI USA Equal Weighted ETF by 4.9% in the fourth quarter. Davidson Investment Advisors now owns 234,544 shares of the company’s stock valued at $24,245,000 after purchasing an additional 10,936 shares during the period. Finally, Crews Bank & Trust increased its holdings in iShares MSCI USA Equal Weighted ETF by 0.4% in the fourth quarter. Crews Bank & Trust now owns 151,634 shares of the company’s stock valued at $15,674,000 after purchasing an additional 604 shares during the period.

iShares MSCI USA Equal Weighted ETF Stock Down 1.6%

NYSEARCA EUSA opened at $111.59 on Friday. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 20.72 and a beta of 0.97. iShares MSCI USA Equal Weighted ETF has a twelve month low of $95.82 and a twelve month high of $113.46. The stock has a fifty day simple moving average of $107.82 and a 200 day simple moving average of $105.94.

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.