Arkadios Wealth Advisors Has $31.34 Million Stock Holdings in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA)

Arkadios Wealth Advisors raised its holdings in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 327,385 shares of the company’s stock after buying an additional 15,577 shares during the period. iShares MSCI USA Equal Weighted ETF accounts for about 1.8% of Arkadios Wealth Advisors’ portfolio, making the stock its 7th largest holding. Arkadios Wealth Advisors owned about 3.92% of iShares MSCI USA Equal Weighted ETF worth $31,344,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EUSA. Sunbelt Securities Inc. raised its holdings in iShares MSCI USA Equal Weighted ETF by 9.9% during the 2nd quarter. Sunbelt Securities Inc. now owns 34,074 shares of the company’s stock valued at $3,007,000 after buying an additional 3,078 shares during the period. Farther Finance Advisors LLC grew its stake in iShares MSCI USA Equal Weighted ETF by 26.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 20,417 shares of the company’s stock worth $1,790,000 after purchasing an additional 4,258 shares in the last quarter. Riverview Trust Co acquired a new stake in shares of iShares MSCI USA Equal Weighted ETF during the third quarter worth about $45,000. Finally, Davidson Investment Advisors boosted its holdings in shares of iShares MSCI USA Equal Weighted ETF by 3.8% in the second quarter. Davidson Investment Advisors now owns 306,707 shares of the company’s stock valued at $27,067,000 after acquiring an additional 11,344 shares in the last quarter.

iShares MSCI USA Equal Weighted ETF Stock Performance

NYSEARCA EUSA traded down $0.47 during mid-day trading on Friday, reaching $95.58. 36,596 shares of the stock were exchanged, compared to its average volume of 45,403. The business’s fifty day simple moving average is $94.44 and its 200 day simple moving average is $90.67. The stock has a market capitalization of $798.09 million, a PE ratio of 20.39 and a beta of 0.97. iShares MSCI USA Equal Weighted ETF has a 1-year low of $70.53 and a 1-year high of $97.62.

About iShares MSCI USA Equal Weighted ETF

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.