357,153 Shares in iShares Top 20 U.S. Stocks ETF $TOPT Acquired by Touchstone Capital Inc.

Touchstone Capital Inc. bought a new stake in shares of iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) in the third quarter, HoldingsChannel reports. The institutional investor bought 357,153 shares of the company’s stock, valued at approximately $10,879,000. iShares Top 20 U.S. Stocks ETF comprises 5.6% of Touchstone Capital Inc.’s portfolio, making the stock its 7th biggest holding.

A number of other hedge funds also recently modified their holdings of TOPT. Diversify Advisory Services LLC lifted its position in iShares Top 20 U.S. Stocks ETF by 10.0% during the second 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 boosted its position in shares of 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 acquiring an additional 1,790 shares in the last quarter. Private Trust Co. NA increased its stake in iShares Top 20 U.S. Stocks ETF by 99.9% in the second quarter. Private Trust Co. NA now owns 4,562 shares of the company’s stock valued at $124,000 after acquiring an additional 2,280 shares during the last quarter. Jane Street Group LLC raised its position in iShares Top 20 U.S. Stocks ETF by 21.9% during the first 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. lifted its stake in iShares Top 20 U.S. Stocks ETF by 134.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 5,625 shares of the company’s stock worth $154,000 after purchasing an additional 3,225 shares during the last quarter.

iShares Top 20 U.S. Stocks ETF Stock Performance

Shares of TOPT stock opened at $31.10 on Wednesday. iShares Top 20 U.S. Stocks ETF has a fifty-two week low of $20.39 and a fifty-two week high of $31.97. The stock’s fifty day moving average price is $31.16 and its two-hundred day moving average price is $29.95. The company has a market cap of $469.61 million, a PE ratio of 32.42 and a beta of 1.17.

iShares Top 20 U.S. Stocks ETF Company 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.