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

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)’s share price hit a new 52-week high on Monday . The company traded as high as $133.40 and last traded at $133.37, with a volume of 24177 shares. The stock had previously closed at $133.10.

iShares Core S&P Total U.S. Stock Market ETF Trading Down 0.0 %

The company’s fifty day moving average is $128.31 and its 200-day moving average is $122.71. The firm has a market capitalization of $62.82 billion, a P/E ratio of 23.79 and a beta of 1.03.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ITOT. West Bancorporation Inc. raised its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 2.4% during the third quarter. West Bancorporation Inc. now owns 4,280 shares of the company’s stock valued at $538,000 after buying an additional 100 shares during the last quarter. Forte Capital LLC ADV increased its stake in iShares Core S&P Total U.S. Stock Market ETF by 4.3% during the third quarter. Forte Capital LLC ADV now owns 2,447 shares of the company’s stock valued at $307,000 after acquiring an additional 100 shares during the period. Lowe Wealth Advisors LLC raised its holdings in iShares Core S&P Total U.S. Stock Market ETF by 63.4% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 281 shares of the company’s stock valued at $35,000 after acquiring an additional 109 shares in the last quarter. Sugarloaf Wealth Management LLC lifted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.2% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 10,037 shares of the company’s stock worth $1,261,000 after acquiring an additional 115 shares during the period. Finally, Cullen Investment Group LTD. grew its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 2.4% during the 3rd quarter. Cullen Investment Group LTD. now owns 4,957 shares of the company’s stock worth $623,000 after purchasing an additional 116 shares in the last quarter.

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.