iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 237,206 shares, an increase of 67.0% from the July 15th total of 142,062 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average daily trading volume, of 322,380 shares, the short-interest ratio is currently 0.7 days.
iShares Top 20 U.S. Stocks ETF Stock Down 0.4%
NYSEARCA TOPT traded down $0.13 on Monday, reaching $33.79. The stock had a trading volume of 161,201 shares, compared to its average volume of 405,499. The stock has a fifty day moving average price of $33.06 and a two-hundred day moving average price of $31.78. iShares Top 20 U.S. Stocks ETF has a 12-month low of $27.54 and a 12-month high of $34.47. The firm has a market capitalization of $681.88 million, a price-to-earnings ratio of 32.42 and a beta of 1.13.
Institutional Investors Weigh In On iShares Top 20 U.S. Stocks ETF
Several large investors have recently bought and sold shares of TOPT. Laurel Oak Wealth Management LLC lifted its position in shares of iShares Top 20 U.S. Stocks ETF by 4.7% during the 1st quarter. Laurel Oak Wealth Management LLC now owns 7,384 shares of the company’s stock worth $211,000 after buying an additional 334 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares Top 20 U.S. Stocks ETF by 2.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 26,887 shares of the company’s stock valued at $840,000 after buying an additional 533 shares in the last quarter. Sunbelt Securities Inc. grew its position in shares of iShares Top 20 U.S. Stocks ETF by 8.6% in the 4th quarter. Sunbelt Securities Inc. now owns 7,534 shares of the company’s stock valued at $235,000 after buying an additional 596 shares during the last quarter. SkyOak Wealth LLC grew its position in shares of iShares Top 20 U.S. Stocks ETF by 6.8% in the 1st quarter. SkyOak Wealth LLC now owns 9,435 shares of the company’s stock valued at $270,000 after buying an additional 600 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in iShares Top 20 U.S. Stocks ETF by 2.1% during the 1st quarter. Private Advisor Group LLC now owns 31,905 shares of the company’s stock worth $913,000 after acquiring an additional 645 shares in the last quarter.
iShares Top 20 U.S. Stocks ETF Company Profile
The iShares Top 20 U.S. Stocks ETF (TOPT) is an exchange-traded fund that is based on the S&P 500 Top 20 Select index. The fund seeks to mirror the performance of an index comprising the top 20 largest US firms by market-cap in the S&P 500. The companies are weighted by their float-adjusted market-cap TOPT was launched on Oct 23, 2024 and is issued by BlackRock.
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