iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sees Significant Decline in Short Interest

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 1,859,665 shares, a decrease of 17.4% from the December 15th total of 2,251,769 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 2,301,030 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 2,301,030 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

iShares Core S&P Total U.S. Stock Market ETF Trading Down 0.1%

Shares of ITOT opened at $151.56 on Tuesday. The stock’s 50-day moving average price is $148.89 and its two-hundred day moving average price is $144.74. iShares Core S&P Total U.S. Stock Market ETF has a 12 month low of $105.00 and a 12 month high of $152.38. The company has a market capitalization of $82.02 billion, a PE ratio of 24.36 and a beta of 1.02.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ITOT. Farther Finance Advisors LLC lifted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 3.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 43,883 shares of the company’s stock worth $5,926,000 after buying an additional 1,604 shares in the last quarter. AdvisorNet Financial Inc raised its position in iShares Core S&P Total U.S. Stock Market ETF by 1.3% in the second quarter. AdvisorNet Financial Inc now owns 20,855 shares of the company’s stock worth $2,816,000 after acquiring an additional 277 shares during the period. GSB Wealth Management LLC boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 0.6% in the second quarter. GSB Wealth Management LLC now owns 16,739 shares of the company’s stock valued at $2,260,000 after acquiring an additional 93 shares during the last quarter. Main Street Group LTD grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 14,950.0% during the 2nd quarter. Main Street Group LTD now owns 301 shares of the company’s stock valued at $41,000 after acquiring an additional 299 shares during the period. Finally, Lynch & Associates IN increased its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 0.7% during the 2nd quarter. Lynch & Associates IN now owns 57,057 shares of the company’s stock worth $7,705,000 after purchasing an additional 408 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.