iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sets New 52-Week High – Should You Buy?

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $167.05 and last traded at $167.05, with a volume of 103305 shares trading hands. The stock had previously closed at $166.00.

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

The company has a market capitalization of $97.25 billion, a PE ratio of 24.36 and a beta of 1.01. The company’s fifty day moving average is $163.63 and its 200-day moving average is $155.80.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. raised its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 2.1% during the second quarter. Ameriprise Financial Inc. now owns 1,964,007 shares of the ETF’s stock valued at $265,231,000 after buying an additional 40,553 shares during the last quarter. Sentinel Trust Co. LBA raised its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.6% during the 1st quarter. Sentinel Trust Co. LBA now owns 1,803,511 shares of the ETF’s stock worth $256,874,000 after acquiring an additional 29,107 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 2.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,552,632 shares of the ETF’s stock worth $230,861,000 after acquiring an additional 39,688 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 434.4% during the 4th quarter. Captrust Financial Advisors now owns 1,506,277 shares of the ETF’s stock valued at $223,968,000 after acquiring an additional 1,224,412 shares during the last quarter. Finally, Evensky & Katz LLC boosted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 3.3% during the 4th quarter. Evensky & Katz LLC now owns 1,488,295 shares of the ETF’s stock valued at $221,295,000 after acquiring an additional 47,451 shares during 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.