iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) is Parallel Advisors LLC’s 2nd Largest Position

Parallel Advisors LLC decreased its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 12.6% during the second quarter, HoldingsChannel reports. The fund owned 2,651,696 shares of the company’s stock after selling 383,639 shares during the quarter. iShares Core S&P Total U.S. Stock Market ETF comprises about 8.1% of Parallel Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Parallel Advisors LLC’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $314,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in ITOT. Rock Creek Group LP grew its stake in iShares Core S&P Total U.S. Stock Market ETF by 1.7% during the fourth quarter. Rock Creek Group LP now owns 1,534,992 shares of the company’s stock valued at $159,253,000 after acquiring an additional 25,964 shares in the last quarter. Evensky & Katz LLC grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 5.0% during the 2nd quarter. Evensky & Katz LLC now owns 1,261,732 shares of the company’s stock valued at $149,868,000 after purchasing an additional 59,601 shares in the last quarter. True Link Financial Advisors LLC grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.0% during the 2nd quarter. True Link Financial Advisors LLC now owns 859,016 shares of the company’s stock valued at $102,034,000 after purchasing an additional 8,125 shares in the last quarter. Independent Order of Foresters increased its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 2.6% in the second quarter. Independent Order of Foresters now owns 549,619 shares of the company’s stock worth $65,284,000 after purchasing an additional 13,964 shares during the period. Finally, Partners Capital Investment Group LLP raised its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 48.9% in the fourth quarter. Partners Capital Investment Group LLP now owns 485,460 shares of the company’s stock worth $51,085,000 after buying an additional 159,475 shares in the last quarter.

iShares Core S&P Total U.S. Stock Market ETF Stock Up 0.7 %

iShares Core S&P Total U.S. Stock Market ETF stock opened at $123.01 on Friday. The stock has a market cap of $57.94 billion, a price-to-earnings ratio of 23.79 and a beta of 1.03. The business has a 50-day simple moving average of $120.42 and a 200 day simple moving average of $116.73. iShares Core S&P Total U.S. Stock Market ETF has a 52 week low of $89.73 and a 52 week high of $124.00.

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.