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

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) hit a new 52-week high during trading on Tuesday . The stock traded as high as $158.61 and last traded at $158.58, with a volume of 2662730 shares traded. The stock had previously closed at $157.17.

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

The company has a 50-day simple moving average of $148.55 and a 200 day simple moving average of $148.86. The company has a market capitalization of $89.67 billion, a P/E ratio of 24.36 and a beta of 1.01.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.9% during the third quarter. Ameriprise Financial Inc. now owns 2,002,302 shares of the company’s stock valued at $291,658,000 after purchasing an additional 38,295 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 2.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,552,632 shares of the company’s stock valued at $230,861,000 after purchasing an additional 39,688 shares during the period. Captrust Financial Advisors increased its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 434.4% during the fourth quarter. Captrust Financial Advisors now owns 1,506,277 shares of the company’s stock valued at $223,968,000 after purchasing an additional 1,224,412 shares during the period. Evensky & Katz LLC increased its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 3.3% during the fourth quarter. Evensky & Katz LLC now owns 1,488,295 shares of the company’s stock valued at $221,295,000 after purchasing an additional 47,451 shares during the period. Finally, Allstate Corp increased its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 25.6% during the fourth quarter. Allstate Corp now owns 1,249,883 shares of the company’s stock valued at $185,845,000 after purchasing an additional 255,141 shares during the period.

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.