SVB Wealth LLC Sells 240,496 Shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

SVB Wealth LLC lessened its stake in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 51.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 222,967 shares of the company’s stock after selling 240,496 shares during the period. iShares Core S&P Total U.S. Stock Market ETF makes up approximately 0.7% of SVB Wealth LLC’s holdings, making the stock its 27th largest position. SVB Wealth LLC’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $26,484,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Parallel Advisors LLC boosted its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 0.7% in the fourth quarter. Parallel Advisors LLC now owns 3,432,578 shares of the company’s stock worth $361,210,000 after buying an additional 24,534 shares during the last quarter. Rock Creek Group LP grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.7% during the 4th quarter. Rock Creek Group LP now owns 1,534,992 shares of the company’s stock valued at $159,253,000 after acquiring an additional 25,964 shares during the period. Evensky & Katz LLC increased its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 5.0% in the 2nd quarter. Evensky & Katz LLC now owns 1,261,732 shares of the company’s stock worth $149,868,000 after purchasing an additional 59,601 shares in the last quarter. True Link Financial Advisors LLC increased its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.0% in the 2nd quarter. True Link Financial Advisors LLC now owns 859,016 shares of the company’s stock worth $102,034,000 after purchasing an additional 8,125 shares in the last quarter. Finally, Independent Order of Foresters raised its holdings in iShares Core S&P Total U.S. Stock Market ETF by 2.6% in the 2nd quarter. Independent Order of Foresters now owns 549,619 shares of the company’s stock worth $65,284,000 after purchasing an additional 13,964 shares during the period.

iShares Core S&P Total U.S. Stock Market ETF Trading Down 1.6 %

iShares Core S&P Total U.S. Stock Market ETF stock traded down $1.97 during midday trading on Friday, hitting $118.26. The stock had a trading volume of 1,823,112 shares, compared to its average volume of 1,323,827. iShares Core S&P Total U.S. Stock Market ETF has a 52-week low of $89.73 and a 52-week high of $124.00. The company has a market capitalization of $55.71 billion, a PE ratio of 23.79 and a beta of 1.03. The firm’s fifty day moving average is $120.30 and its two-hundred day moving average is $116.37.

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

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.