iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sees Large Decline in Short Interest

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,873,231 shares, a drop of 37.9% from the April 15th total of 3,018,107 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 2,393,353 shares, the short-interest ratio is currently 0.8 days.

iShares Core S&P Total U.S. Stock Market ETF Stock Down 1.3%

Shares of NYSEARCA:ITOT traded down $2.10 during midday trading on Friday, hitting $161.10. 1,717,106 shares of the stock traded hands, compared to its average volume of 5,271,934. The stock has a market capitalization of $91.15 billion, a PE ratio of 24.36 and a beta of 1.01. The business’s 50 day moving average is $150.49 and its two-hundred day moving average is $149.77. iShares Core S&P Total U.S. Stock Market ETF has a one year low of $125.59 and a one year high of $163.57.

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

Large investors have recently added to or reduced their stakes in the stock. Fifth Third Securities Inc. raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 9.7% in the fourth quarter. Fifth Third Securities Inc. now owns 74,307 shares of the company’s stock worth $11,049,000 after buying an additional 6,590 shares in the last quarter. Evensky & Katz LLC increased its stake in iShares Core S&P Total U.S. Stock Market ETF by 3.8% during the 3rd quarter. Evensky & Katz LLC now owns 1,440,844 shares of the company’s stock valued at $209,859,000 after purchasing an additional 52,493 shares in the last quarter. Farther Finance Advisors LLC lifted its position in iShares Core S&P Total U.S. Stock Market ETF by 102.5% in the 4th quarter. Farther Finance Advisors LLC now owns 112,126 shares of the company’s stock valued at $16,672,000 after acquiring an additional 56,750 shares in the last quarter. Allstate Corp increased its holdings in iShares Core S&P Total U.S. Stock Market ETF by 32.9% in the 3rd quarter. Allstate Corp now owns 994,742 shares of the company’s stock worth $144,884,000 after buying an additional 246,411 shares in the last quarter. Finally, Seven Mile Advisory purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF in the third quarter worth approximately $864,000.

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