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

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $164.87 and last traded at $164.44, with a volume of 350261 shares traded. The stock had previously closed at $164.05.

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

The firm has a market cap of $93.37 billion, a PE ratio of 24.36 and a beta of 1.01. The company has a 50 day simple moving average of $152.96 and a 200-day simple moving average of $150.55.

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 ITOT. Cornerstone Planning Group LLC boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 187.3% in the third quarter. Cornerstone Planning Group LLC now owns 181 shares of the company’s stock worth $27,000 after buying an additional 118 shares in the last quarter. Financial Life Planners purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF in the first quarter worth approximately $29,000. Wilkerson Advisory Group LLC purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter worth approximately $43,000. Elyxium Wealth LLC purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter worth approximately $46,000. Finally, Main Street Group LTD purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF in the first quarter worth approximately $59,000.

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.