iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sets New 12-Month High – Still a Buy?

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $152.07 and last traded at $152.05, with a volume of 1393422 shares. The stock had previously closed at $151.83.

iShares Core S&P Total U.S. Stock Market ETF Stock Up 0.2%

The firm’s fifty day simple moving average is $148.41 and its 200-day simple moving average is $144.04. The firm has a market capitalization of $82.04 billion, a PE ratio of 24.36 and a beta of 1.02.

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

Several large investors have recently made changes to their positions in the business. Harbor Investment Advisory LLC raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 1.6% during the 2nd quarter. Harbor Investment Advisory LLC now owns 6,045 shares of the company’s stock valued at $816,000 after purchasing an additional 93 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 105.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 886 shares of the company’s stock valued at $120,000 after buying an additional 454 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 3.1% in the second quarter. Parallel Advisors LLC now owns 2,638,760 shares of the company’s stock worth $356,338,000 after buying an additional 78,277 shares in the last quarter. Canandaigua National Trust Co of Florida bought a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the second quarter worth $529,000. Finally, Fiduciary Alliance LLC increased its holdings in iShares Core S&P Total U.S. Stock Market ETF by 5.2% in the 2nd quarter. Fiduciary Alliance LLC now owns 23,855 shares of the company’s stock valued at $3,221,000 after acquiring an additional 1,170 shares during the last quarter.

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