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

Shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) hit a new 52-week high during trading on Monday . The company traded as high as $161.56 and last traded at $161.46, with a volume of 243714 shares. The stock had previously closed at $161.18.

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

The stock has a market cap of $91.65 billion, a price-to-earnings ratio of 24.36 and a beta of 1.01. The business’s fifty day simple moving average is $149.75 and its 200 day simple moving average is $149.47.

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

A number of institutional investors have recently added to or reduced their stakes in ITOT. Ameriprise Financial Inc. raised its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,002,302 shares of the company’s stock valued at $291,658,000 after purchasing an additional 38,295 shares in the last quarter. Sentinel Trust Co. LBA raised its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.6% in the 1st quarter. Sentinel Trust Co. LBA now owns 1,803,511 shares of the company’s stock valued at $256,874,000 after purchasing an additional 29,107 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 2.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,552,632 shares of the company’s stock valued at $230,861,000 after purchasing an additional 39,688 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 434.4% in the 4th quarter. Captrust Financial Advisors now owns 1,506,277 shares of the company’s stock valued at $223,968,000 after purchasing an additional 1,224,412 shares in the last quarter. Finally, Evensky & Katz LLC raised its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 3.3% in the 4th quarter. Evensky & Katz LLC now owns 1,488,295 shares of the company’s stock valued at $221,295,000 after purchasing an additional 47,451 shares in the last quarter.

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.