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

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $147.28 and last traded at $147.00, with a volume of 1445880 shares trading hands. The stock had previously closed at $146.49.

iShares Core S&P Total U.S. Stock Market ETF Stock Performance

The company has a market cap of $78.66 billion, a price-to-earnings ratio of 24.36 and a beta of 1.02. The firm’s 50-day moving average price is $141.96 and its 200 day moving average price is $132.29.

Hedge Funds Weigh In On iShares Core S&P Total U.S. Stock Market ETF

Institutional investors have recently modified their holdings of the stock. Clean Yield Group bought a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the 1st quarter valued at about $61,000. Farther Finance Advisors LLC grew its holdings in iShares Core S&P Total U.S. Stock Market ETF by 9.7% during the first quarter. Farther Finance Advisors LLC now owns 42,279 shares of the company’s stock valued at $5,176,000 after purchasing an additional 3,744 shares during the period. Sanibel Captiva Trust Company Inc. increased its stake in iShares Core S&P Total U.S. Stock Market ETF by 9.4% in the first quarter. Sanibel Captiva Trust Company Inc. now owns 4,932 shares of the company’s stock valued at $602,000 after purchasing an additional 423 shares in the last quarter. Gibson Capital LLC raised its holdings in iShares Core S&P Total U.S. Stock Market ETF by 18.5% in the first quarter. Gibson Capital LLC now owns 6,786 shares of the company’s stock worth $828,000 after purchasing an additional 1,058 shares during the period. Finally, CX Institutional bought a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the first quarter worth $490,000.

About iShares Core S&P Total U.S. Stock Market ETF

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.