iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sets New 1-Year High – What’s Next?

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $126.04 and last traded at $126.00, with a volume of 326598 shares. The stock had previously closed at $125.35.

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

The stock has a fifty day moving average price of $121.67 and a 200-day moving average price of $118.18. The firm has a market capitalization of $59.39 billion, a PE ratio of 23.79 and a beta of 1.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ITOT. Icon Wealth Advisors LLC purchased a new position in shares of iShares Core S&P Total U.S. Stock Market ETF in the 4th quarter valued at $1,451,000. Able Wealth Management LLC acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the 4th quarter worth $2,301,000. Fisher Asset Management LLC purchased a new position in iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter worth $376,000. Cullen Investment Group LTD. increased its position in iShares Core S&P Total U.S. Stock Market ETF by 12.7% during the 1st quarter. Cullen Investment Group LTD. now owns 4,360 shares of the company’s stock valued at $498,000 after buying an additional 492 shares in the last quarter. Finally, VERITY Wealth Advisors raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 24.4% in the first quarter. VERITY Wealth Advisors now owns 4,861 shares of the company’s stock valued at $560,000 after buying an additional 955 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.