iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sets New 12-Month High – What’s Next?

Shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) reached a new 52-week high on Friday . The stock traded as high as $163.61 and last traded at $163.41, with a volume of 749718 shares traded. The stock had previously closed at $162.15.

iShares Core S&P Total U.S. Stock Market ETF Trading Up 0.7%

The stock has a market cap of $92.36 billion, a P/E ratio of 24.36 and a beta of 1.01. The firm has a 50-day simple moving average of $151.55 and a two-hundred day simple moving average of $150.10.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ITOT. Cornerstone Planning Group LLC lifted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 187.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 181 shares of the company’s stock valued at $27,000 after buying an additional 118 shares during the last quarter. Financial Life Planners purchased a new position in shares of iShares Core S&P Total U.S. Stock Market ETF in the first quarter worth $29,000. Wilkerson Advisory Group LLC purchased a new position in shares of iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter worth $43,000. Elyxium Wealth LLC purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter valued at $46,000. Finally, Main Street Group LTD purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF in the 1st quarter worth approximately $59,000.

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.