iShares Core S&P Total U.S. Stock Market ETF $ITOT Stock: Parallel Advisors LLC Trims Position

Parallel Advisors LLC decreased its stake in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 1.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,086,167 shares of the ETF’s stock after selling 20,585 shares during the period. iShares Core S&P Total U.S. Stock Market ETF accounts for 2.4% of Parallel Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Parallel Advisors LLC’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $180,608,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. NFSG Corp raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 13.3% during the 3rd quarter. NFSG Corp now owns 587 shares of the ETF’s stock worth $98,000 after acquiring an additional 69 shares in the last quarter. GAMMA Investing LLC lifted its position in iShares Core S&P Total U.S. Stock Market ETF by 3.2% in the third quarter. GAMMA Investing LLC now owns 4,376 shares of the ETF’s stock valued at $728,000 after acquiring an additional 134 shares during the last quarter. NBH Bank acquired a new position in iShares Core S&P Total U.S. Stock Market ETF in the second quarter valued at $25,000. Nadler Financial Group Inc. boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 7.8% in the third quarter. Nadler Financial Group Inc. now owns 2,558 shares of the ETF’s stock valued at $425,000 after acquiring an additional 186 shares in the last quarter. Finally, Climber Capital SA boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 1.2% in the third quarter. Climber Capital SA now owns 29,225 shares of the ETF’s stock valued at $4,860,000 after acquiring an additional 341 shares in the last quarter.

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

Shares of ITOT stock traded up $0.62 during mid-day trading on Friday, hitting $160.54. 2,855,834 shares of the stock were exchanged, compared to its average volume of 3,259,504. The stock’s fifty day simple moving average is $167.06 and its two-hundred day simple moving average is $159.71. The stock has a market capitalization of $93.09 billion, a price-to-earnings ratio of 24.36 and a beta of 1.02. iShares Core S&P Total U.S. Stock Market ETF has a 12-month low of $137.73 and a 12-month high of $171.03.

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.