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

Shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) hit a new 52-week high during trading on Thursday . The company traded as high as $164.87 and last traded at $164.44, with a volume of 350261 shares changing hands. The stock had previously closed at $164.05.

iShares Core S&P Total U.S. Stock Market ETF Trading Up 0.3%

The stock has a market cap of $93.63 billion, a P/E ratio of 24.36 and a beta of 1.01. The stock’s fifty day moving average price is $153.76 and its 200 day moving average price is $150.78.

Hedge Funds Weigh In On iShares Core S&P Total U.S. Stock Market ETF

A number of hedge funds have recently bought and sold shares of ITOT. Captrust Financial Advisors boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 434.4% in the 4th quarter. Captrust Financial Advisors now owns 1,506,277 shares of the company’s stock worth $223,968,000 after purchasing an additional 1,224,412 shares in the last quarter. Align Financial LLC bought a new position in iShares Core S&P Total U.S. Stock Market ETF in the 4th quarter worth about $107,891,000. Allstate Corp boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 25.6% in the 4th quarter. Allstate Corp now owns 1,249,883 shares of the company’s stock worth $185,845,000 after purchasing an additional 255,141 shares in the last quarter. Finhabits Advisors LLC bought a new position in iShares Core S&P Total U.S. Stock Market ETF in the 4th quarter worth about $19,675,000. Finally, Zhang Financial LLC boosted its stake in iShares Core S&P Total U.S. Stock Market ETF by 12.4% in the 1st quarter. Zhang Financial LLC now owns 1,181,952 shares of the company’s stock worth $168,345,000 after purchasing an additional 130,075 shares in 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.