iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sets New 12-Month High – Here’s Why

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $170.43 and last traded at $170.36, with a volume of 63890 shares. The stock had previously closed at $169.57.

iShares Core S&P Total U.S. Stock Market ETF Stock Up 0.4%

The firm’s 50 day simple moving average is $164.00 and its two-hundred day simple moving average is $156.45. The stock has a market capitalization of $98.20 billion, a P/E ratio of 24.36 and a beta of 1.01.

Institutional Trading of iShares Core S&P Total U.S. Stock Market ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 102.5% during the 4th quarter. Farther Finance Advisors LLC now owns 112,126 shares of the ETF’s stock valued at $16,672,000 after purchasing an additional 56,750 shares during the last quarter. Kingswood Wealth Advisors LLC raised its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 354.1% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 15,285 shares of the ETF’s stock worth $2,273,000 after purchasing an additional 11,919 shares during the last quarter. Cary Street Partners Financial LLC purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter worth approximately $1,465,000. Planned Solutions Inc. lifted its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 20.9% in the fourth quarter. Planned Solutions Inc. now owns 216,375 shares of the ETF’s stock valued at $32,173,000 after purchasing an additional 37,468 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 24.0% in the fourth quarter. TD Private Client Wealth LLC now owns 23,094 shares of the ETF’s stock valued at $3,434,000 after purchasing an additional 4,471 shares in the last quarter.

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

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.