Crews Bank & Trust Invests $14.32 Million in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA)

Crews Bank & Trust bought a new stake in iShares MSCI USA Equal Weighted ETF (NYSEARCA:EUSA) during the fourth quarter, HoldingsChannel.com reports. The fund bought 150,193 shares of the company’s stock, valued at approximately $14,322,000. iShares MSCI USA Equal Weighted ETF comprises 2.4% of Crews Bank & Trust’s investment portfolio, making the stock its 11th largest position.

Several other hedge funds have also recently added to or reduced their stakes in the business. Riverview Trust Co acquired a new position in iShares MSCI USA Equal Weighted ETF during the third quarter worth $45,000. Arkadios Wealth Advisors grew its holdings in shares of iShares MSCI USA Equal Weighted ETF by 5.0% in the 3rd quarter. Arkadios Wealth Advisors now owns 327,385 shares of the company’s stock worth $31,344,000 after purchasing an additional 15,577 shares during the last quarter. Farther Finance Advisors LLC grew its holdings 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 worth $2,436,000 after purchasing an additional 5,031 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in shares of iShares MSCI USA Equal Weighted ETF during the 3rd quarter worth about $218,000. Finally, Captrust Financial Advisors lifted its holdings 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 valued at $282,000 after purchasing an additional 549 shares during the last quarter.

iShares MSCI USA Equal Weighted ETF Stock Down 0.3 %

NYSEARCA:EUSA opened at $99.00 on Thursday. The firm has a market cap of $826.65 million, a PE ratio of 20.39 and a beta of 0.97. The company’s 50-day moving average price is $98.43 and its two-hundred day moving average price is $95.45. iShares MSCI USA Equal Weighted ETF has a 12 month low of $83.44 and a 12 month high of $102.53.

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.