Mirae Asset Global Investments Co. Ltd. Purchases New Stake in iShares Top 20 U.S. Stocks ETF $TOPT

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 476,949 shares of the company’s stock, valued at approximately $16,646,000. Mirae Asset Global Investments Co. Ltd. owned approximately 2.19% of iShares Top 20 U.S. Stocks ETF as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new position in shares of iShares Top 20 U.S. Stocks ETF in the third quarter valued at $2,138,000. Flagship Harbor Advisors LLC raised its position in iShares Top 20 U.S. Stocks ETF by 4.7% during the third quarter. Flagship Harbor Advisors LLC now owns 7,564 shares of the company’s stock worth $264,000 after acquiring an additional 340 shares in the last quarter. Optivise Advisory Services LLC bought a new stake in iShares Top 20 U.S. Stocks ETF during the third quarter worth $640,000. IFP Advisors Inc lifted its stake in iShares Top 20 U.S. Stocks ETF by 99.3% in the third quarter. IFP Advisors Inc now owns 891 shares of the company’s stock valued at $31,000 after acquiring an additional 444 shares during the last quarter. Finally, WealthPlan Investment Management LLC lifted its stake in iShares Top 20 U.S. Stocks ETF by 2.5% in the third quarter. WealthPlan Investment Management LLC now owns 13,248 shares of the company’s stock valued at $462,000 after acquiring an additional 326 shares during the last quarter.

iShares Top 20 U.S. Stocks ETF Price Performance

Shares of TOPT opened at $33.79 on Wednesday. The firm has a 50-day moving average of $34.56 and a 200-day moving average of $32.48. iShares Top 20 U.S. Stocks ETF has a one year low of $27.54 and a one year high of $35.85. The company has a market cap of $720.40 million, a PE ratio of 32.42 and a beta of 1.11.

iShares Top 20 U.S. Stocks ETF Profile

The iShares Top 20 U.S. Stocks ETF (TOPT) is an exchange-traded fund that is based on the S&P 500 Top 20 Select index. The fund seeks to mirror the performance of an index comprising the top 20 largest US firms by market-cap in the S&P 500. The companies are weighted by their float-adjusted market-cap TOPT was launched on Oct 23, 2024 and is issued by BlackRock.