SVB Wealth LLC Takes $10.08 Million Position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

SVB Wealth LLC bought a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 78,372 shares of the company’s stock, valued at approximately $10,080,000.

Other large investors have also added to or reduced their stakes in the company. True Link Financial Advisors LLC boosted its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.5% during the 4th quarter. True Link Financial Advisors LLC now owns 929,548 shares of the company’s stock worth $119,558,000 after buying an additional 13,918 shares in the last quarter. Crestwood Advisors Group LLC lifted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 4.9% during the 4th quarter. Crestwood Advisors Group LLC now owns 397,108 shares of the company’s stock valued at $51,076,000 after acquiring an additional 18,494 shares during the period. University of Maryland Foundation Inc. bought a new position in iShares Core S&P Total U.S. Stock Market ETF during the third quarter worth $40,623,000. Integrated Wealth Concepts LLC grew its holdings in iShares Core S&P Total U.S. Stock Market ETF by 0.7% in the third quarter. Integrated Wealth Concepts LLC now owns 226,085 shares of the company’s stock worth $28,401,000 after purchasing an additional 1,607 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in iShares Core S&P Total U.S. Stock Market ETF by 11.7% in the fourth quarter. Bank of New York Mellon Corp now owns 178,252 shares of the company’s stock worth $22,927,000 after purchasing an additional 18,614 shares during the period.

iShares Core S&P Total U.S. Stock Market ETF Trading Up 1.6 %

Shares of NYSEARCA ITOT opened at $130.06 on Friday. The firm has a market capitalization of $65.15 billion, a P/E ratio of 25.82 and a beta of 1.04. The firm’s 50-day moving average price is $131.41 and its 200-day moving average price is $128.43. iShares Core S&P Total U.S. Stock Market ETF has a 1-year low of $108.49 and a 1-year high of $134.70.

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

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.