PSI Advisors LLC Decreases Stock Position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

PSI Advisors LLC cut its holdings in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 32.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 474 shares of the company’s stock after selling 225 shares during the quarter. PSI Advisors LLC’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $56,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vermillion & White Wealth Management Group LLC acquired a new position in shares of iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter valued at about $34,000. Trust Co. of Vermont increased its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 89.4% in the second quarter. Trust Co. of Vermont now owns 303 shares of the company’s stock valued at $36,000 after purchasing an additional 143 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Core S&P Total U.S. Stock Market ETF in the second quarter valued at about $40,000. YHB Investment Advisors Inc. acquired a new position in shares of iShares Core S&P Total U.S. Stock Market ETF in the first quarter valued at about $42,000. Finally, ICA Group Wealth Management LLC acquired a new position in shares of iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter valued at about $48,000.

iShares Core S&P Total U.S. Stock Market ETF Stock Performance

Shares of ITOT stock opened at $121.77 on Friday. The stock’s 50-day simple moving average is $119.62 and its 200-day simple moving average is $115.43. The firm has a market capitalization of $57.36 billion, a PE ratio of 23.79 and a beta of 1.03. iShares Core S&P Total U.S. Stock Market ETF has a fifty-two week low of $89.73 and a fifty-two week high of $124.00.

iShares Core S&P Total U.S. Stock Market ETF Profile

The iShares Core S&P Total U.S. Stock Market ETF (ITOT) is an exchange-traded fund that is based on the S&P TMI index. The fund tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ITOT was launched on Jan 20, 2004 and is managed by BlackRock.