iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Hits New 12-Month High – Here’s Why

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $156.15 and last traded at $155.03, with a volume of 538034 shares traded. The stock had previously closed at $155.49.

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

The stock has a 50-day moving average of $147.75 and a two-hundred day moving average of $148.40. The company has a market cap of $87.52 billion, a P/E ratio of 24.36 and a beta of 1.01.

Institutional Trading of iShares Core S&P Total U.S. Stock Market ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. lifted its position in iShares Core S&P Total U.S. Stock Market ETF by 1.9% in the third 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 during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Core S&P Total U.S. Stock Market ETF by 2.6% in the fourth 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 during the last quarter. Captrust Financial Advisors lifted its position in iShares Core S&P Total U.S. Stock Market ETF by 434.4% in the fourth 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 during the last quarter. Evensky & Katz LLC lifted its position in iShares Core S&P Total U.S. Stock Market ETF by 3.3% in the fourth 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 during the last quarter. Finally, Allstate Corp lifted its position in iShares Core S&P Total U.S. Stock Market ETF by 25.6% in the fourth quarter. Allstate Corp now owns 1,249,883 shares of the company’s stock valued at $185,845,000 after purchasing an additional 255,141 shares during 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.