Savvy Advisors Inc. acquired a new position in shares of iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 22,139 shares of the company’s stock, valued at approximately $691,000. Savvy Advisors Inc. owned about 0.15% of iShares Top 20 U.S. Stocks ETF as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Mutual Advisors LLC increased its stake in shares of iShares Top 20 U.S. Stocks ETF by 6.2% during the third quarter. Mutual Advisors LLC now owns 9,068 shares of the company’s stock worth $277,000 after acquiring an additional 528 shares during the period. Armstrong Advisory Group Inc. acquired a new stake in iShares Top 20 U.S. Stocks ETF in the fourth quarter valued at about $26,000. Diversify Advisory Services LLC boosted its holdings in iShares Top 20 U.S. Stocks ETF by 10.0% in the 2nd quarter. Diversify Advisory Services LLC now owns 9,466 shares of the company’s stock valued at $275,000 after purchasing an additional 857 shares in the last quarter. Bank of America Corp DE boosted its holdings in iShares Top 20 U.S. Stocks ETF by 843.9% in the 3rd quarter. Bank of America Corp DE now owns 1,935 shares of the company’s stock valued at $59,000 after purchasing an additional 1,730 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in iShares Top 20 U.S. Stocks ETF during the 3rd quarter worth approximately $76,000.
iShares Top 20 U.S. Stocks ETF Trading Up 0.1%
Shares of TOPT stock opened at $29.01 on Wednesday. The company has a market cap of $504.19 million, a price-to-earnings ratio of 32.42 and a beta of 1.06. The stock has a 50 day simple moving average of $29.75 and a 200-day simple moving average of $30.52. iShares Top 20 U.S. Stocks ETF has a 12-month low of $20.92 and a 12-month high of $31.97.
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.
Further Reading
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