Geneos Wealth Management Inc. Increases Stock Position in iShares Top 20 U.S. Stocks ETF $TOPT

Geneos Wealth Management Inc. raised its holdings in iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) by 420.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,098 shares of the company’s stock after purchasing an additional 69,555 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Top 20 U.S. Stocks ETF were worth $2,689,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares Top 20 U.S. Stocks ETF during the 3rd quarter worth $803,000. Keystone Wealth Services LLC increased its stake in iShares Top 20 U.S. Stocks ETF by 334.3% in the third quarter. Keystone Wealth Services LLC now owns 41,151 shares of the company’s stock valued at $1,253,000 after purchasing an additional 31,675 shares during the last quarter. Savvy Advisors Inc. acquired a new position in iShares Top 20 U.S. Stocks ETF in the fourth quarter valued at $691,000. Goodman Advisory Group LLC purchased a new position in iShares Top 20 U.S. Stocks ETF during the third quarter worth about $12,976,000. Finally, Belpointe Asset Management LLC purchased a new position in iShares Top 20 U.S. Stocks ETF during the third quarter worth about $1,571,000.

iShares Top 20 U.S. Stocks ETF Trading Up 1.0%

NYSEARCA TOPT opened at $31.79 on Friday. The business’s 50-day moving average price is $29.86 and its 200 day moving average price is $30.57. iShares Top 20 U.S. Stocks ETF has a twelve month low of $23.35 and a twelve month high of $31.97. The company has a market capitalization of $572.22 million, a PE ratio of 32.42 and a beta of 1.06.

iShares Top 20 U.S. Stocks ETF Company 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.