Geneos Wealth Management Inc. Makes New Investment in iShares Top 20 U.S. Stocks ETF $TOPT

Geneos Wealth Management Inc. purchased a new position in shares of iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,543 shares of the company’s stock, valued at approximately $504,000. Geneos Wealth Management Inc. owned 0.14% of iShares Top 20 U.S. Stocks ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TOPT. Private Trust Co. NA grew its position in iShares Top 20 U.S. Stocks ETF by 99.9% during the second quarter. Private Trust Co. NA now owns 4,562 shares of the company’s stock worth $124,000 after buying an additional 2,280 shares during the period. Newbridge Financial Services Group Inc. lifted its position in shares of iShares Top 20 U.S. Stocks ETF by 134.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 5,625 shares of the company’s stock valued at $154,000 after acquiring an additional 3,225 shares during the period. Focus Partners Advisor Solutions LLC acquired a new stake in shares of iShares Top 20 U.S. Stocks ETF in the 2nd quarter worth approximately $204,000. Osaic Holdings Inc. acquired a new stake in shares of iShares Top 20 U.S. Stocks ETF in the 2nd quarter worth approximately $238,000. Finally, Mutual Advisors LLC purchased a new position in iShares Top 20 U.S. Stocks ETF in the 2nd quarter valued at approximately $241,000.

iShares Top 20 U.S. Stocks ETF Stock Performance

Shares of TOPT stock opened at $31.17 on Friday. The stock has a fifty day moving average price of $31.18 and a 200 day moving average price of $29.87. The stock has a market cap of $465.06 million, a PE ratio of 32.42 and a beta of 1.17. iShares Top 20 U.S. Stocks ETF has a 1 year low of $20.39 and a 1 year high of $31.97.

About iShares Top 20 U.S. Stocks ETF

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.