Envestnet Asset Management Inc. Makes New $7.74 Million Investment in iShares Top 20 U.S. Stocks ETF $TOPT

Envestnet Asset Management Inc. purchased a new stake in iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 254,179 shares of the company’s stock, valued at approximately $7,742,000. Envestnet Asset Management Inc. owned 2.01% of iShares Top 20 U.S. Stocks ETF as of its most recent SEC filing.

A number of other large investors have also modified their holdings of TOPT. Mutual Advisors LLC raised its stake in shares of iShares Top 20 U.S. Stocks ETF by 6.2% in the third quarter. Mutual Advisors LLC now owns 9,068 shares of the company’s stock valued at $277,000 after acquiring an additional 528 shares in the last quarter. Diversify Advisory Services LLC increased its holdings in iShares Top 20 U.S. Stocks ETF by 10.0% during the 2nd quarter. Diversify Advisory Services LLC now owns 9,466 shares of the company’s stock worth $275,000 after purchasing an additional 857 shares during the period. Strategic Financial Concepts LLC increased its holdings in iShares Top 20 U.S. Stocks ETF by 16.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 12,750 shares of the company’s stock worth $332,000 after purchasing an additional 1,790 shares during the period. Jane Street Group LLC raised its position in iShares Top 20 U.S. Stocks ETF by 21.9% in the 1st quarter. Jane Street Group LLC now owns 15,722 shares of the company’s stock valued at $374,000 after purchasing an additional 2,820 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. raised its position in iShares Top 20 U.S. Stocks ETF by 134.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 5,625 shares of the company’s stock valued at $154,000 after purchasing an additional 3,225 shares in the last quarter.

iShares Top 20 U.S. Stocks ETF Stock Performance

Shares of iShares Top 20 U.S. Stocks ETF stock opened at $30.20 on Friday. iShares Top 20 U.S. Stocks ETF has a one year low of $20.39 and a one year high of $31.97. The company has a market cap of $477.16 million, a PE ratio of 32.42 and a beta of 1.17. The business has a 50-day simple moving average of $30.81 and a 200-day simple moving average of $30.44.

iShares Top 20 U.S. Stocks ETF 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.