iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) Short Interest Update
by Scott Moore · The Cerbat GemiShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 97,462 shares, an increase of 161.5% from the April 30th total of 37,268 shares. Based on an average daily trading volume, of 31,154 shares, the short-interest ratio is presently 3.1 days. Approximately 0.7% of the company’s stock are short sold.
Institutional Trading of iShares MSCI USA Equal Weighted ETF
Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in iShares MSCI USA Equal Weighted ETF by 8.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 539,349 shares of the company’s stock worth $55,537,000 after purchasing an additional 40,568 shares during the last quarter. Cary Street Partners Financial LLC purchased a new stake in iShares MSCI USA Equal Weighted ETF during the 4th quarter worth approximately $1,575,000. Davidson Investment Advisors grew its position in iShares MSCI USA Equal Weighted ETF by 4.9% during the 4th quarter. Davidson Investment Advisors now owns 234,544 shares of the company’s stock worth $24,245,000 after purchasing an additional 10,936 shares during the last quarter. Goodman Financial Corp grew its position in iShares MSCI USA Equal Weighted ETF by 217.8% during the 4th quarter. Goodman Financial Corp now owns 8,685 shares of the company’s stock worth $898,000 after purchasing an additional 5,952 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its position in iShares MSCI USA Equal Weighted ETF by 7.4% during the 4th quarter. Sunbelt Securities Inc. now owns 49,511 shares of the company’s stock worth $5,118,000 after purchasing an additional 3,402 shares during the last quarter.
iShares MSCI USA Equal Weighted ETF Stock Up 0.6%
Shares of iShares MSCI USA Equal Weighted ETF stock traded up $0.62 on Friday, reaching $112.65. The stock had a trading volume of 11,364 shares, compared to its average volume of 42,013. The company has a 50 day moving average price of $106.74 and a 200 day moving average price of $105.59. iShares MSCI USA Equal Weighted ETF has a 1 year low of $95.00 and a 1 year high of $112.76. The stock has a market capitalization of $1.65 billion, a P/E ratio of 20.72 and a beta of 0.97.
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.