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

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) shares hit a new 52-week high on Thursday . The stock traded as high as $164.87 and last traded at $164.44, with a volume of 350261 shares changing hands. The stock had previously closed at $164.05.

iShares Core S&P Total U.S. Stock Market ETF Stock Up 0.6%

The company has a 50-day moving average price of $152.96 and a two-hundred day moving average price of $150.55. The stock has a market capitalization of $93.37 billion, a P/E ratio of 24.36 and a beta of 1.01.

Institutional Investors Weigh In On iShares Core S&P Total U.S. Stock Market ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fifth Third Securities Inc. grew its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 9.7% during the fourth quarter. Fifth Third Securities Inc. now owns 74,307 shares of the company’s stock worth $11,049,000 after purchasing an additional 6,590 shares in the last quarter. Evensky & Katz LLC grew its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 3.8% during the third quarter. Evensky & Katz LLC now owns 1,440,844 shares of the company’s stock worth $209,859,000 after purchasing an additional 52,493 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 102.5% during the fourth quarter. Farther Finance Advisors LLC now owns 112,126 shares of the company’s stock worth $16,672,000 after purchasing an additional 56,750 shares in the last quarter. 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. Finally, Sunbelt Securities Inc. boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 11.5% in the third quarter. Sunbelt Securities Inc. now owns 40,477 shares of the company’s stock worth $5,895,000 after buying an additional 4,174 shares in the last quarter.

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.