iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Hits New 1-Year High – Here’s Why

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $150.91 and last traded at $150.87, with a volume of 69413 shares changing hands. The stock had previously closed at $150.71.

iShares Core S&P Total U.S. Stock Market ETF Stock Down 0.1%

The business has a 50 day moving average price of $148.02 and a two-hundred day moving average price of $142.61. The stock has a market cap of $80.85 billion, a P/E ratio of 24.36 and a beta of 1.02.

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

Institutional investors have recently added to or reduced their stakes in the stock. Financial Symmetry Inc boosted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 24.9% during the third quarter. Financial Symmetry Inc now owns 2,666 shares of the company’s stock worth $388,000 after acquiring an additional 532 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 20.5% during the 3rd quarter. IFP Advisors Inc now owns 182,576 shares of the company’s stock valued at $26,593,000 after purchasing an additional 31,050 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the 3rd quarter valued at about $768,000. Sunbelt Securities Inc. grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 11.5% during the third quarter. Sunbelt Securities Inc. now owns 40,477 shares of the company’s stock valued at $5,895,000 after purchasing an additional 4,174 shares in the last quarter. Finally, Keystone Financial Group increased its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 6.1% in the third quarter. Keystone Financial Group now owns 37,276 shares of the company’s stock worth $5,436,000 after purchasing an additional 2,134 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.