iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sets New 1-Year High – Should You Buy?

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $167.05 and last traded at $167.05, with a volume of 103305 shares. The stock had previously closed at $166.00.

iShares Core S&P Total U.S. Stock Market ETF Trading Up 1.0%

The stock’s 50 day moving average price is $163.44 and its 200 day moving average price is $155.55. The firm has a market cap of $96.73 billion, a PE ratio of 24.36 and a beta of 1.01.

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

Large investors have recently bought and sold shares of the business. Financial Life Planners acquired a new position in iShares Core S&P Total U.S. Stock Market ETF in the first quarter worth approximately $29,000. Wilkerson Advisory Group LLC acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter valued at $43,000. Elyxium Wealth LLC purchased a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter valued at $46,000. Main Street Group LTD purchased a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the 1st quarter valued at $59,000. Finally, Ameriflex Group Inc. increased its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 682.7% in the fourth quarter. Ameriflex Group Inc. now owns 407 shares of the ETF’s stock worth $61,000 after acquiring an additional 355 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.