Farther Finance Advisors LLC Has $2.44 Million Position in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA)

Farther Finance Advisors LLC raised its position in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) by 24.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,448 shares of the company’s stock after buying an additional 5,031 shares during the quarter. Farther Finance Advisors LLC owned 0.30% of iShares MSCI USA Equal Weighted ETF worth $2,436,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its position in shares of iShares MSCI USA Equal Weighted ETF by 5.0% in the third quarter. Arkadios Wealth Advisors now owns 327,385 shares of the company’s stock valued at $31,344,000 after acquiring an additional 15,577 shares during the period. Davidson Investment Advisors boosted its holdings in iShares MSCI USA Equal Weighted ETF by 3.8% in the 2nd quarter. Davidson Investment Advisors now owns 306,707 shares of the company’s stock valued at $27,067,000 after purchasing an additional 11,344 shares during the period. Sunbelt Securities Inc. grew its position in shares of 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 worth $3,007,000 after purchasing an additional 3,078 shares in the last quarter. Finally, Riverview Trust Co acquired a new position in shares of iShares MSCI USA Equal Weighted ETF during the 3rd quarter worth approximately $45,000.

iShares MSCI USA Equal Weighted ETF Trading Up 0.2 %

NYSEARCA EUSA opened at $94.84 on Friday. The company has a market cap of $791.91 million, a price-to-earnings ratio of 20.39 and a beta of 0.97. The company has a 50 day moving average of $94.75 and a 200-day moving average of $90.96. iShares MSCI USA Equal Weighted ETF has a 1-year low of $72.72 and a 1-year high of $97.62.

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.