iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Hits New 12-Month High at $124.19

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) reached a new 52-week high on Tuesday . The company traded as high as $124.19 and last traded at $123.98, with a volume of 285071 shares. The stock had previously closed at $123.27.

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

The company’s 50-day simple moving average is $120.47 and its 200-day simple moving average is $116.89. The company has a market cap of $58.12 billion, a price-to-earnings ratio of 23.79 and a beta of 1.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ITOT. EverSource Wealth Advisors LLC increased its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 2,358.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 15,268 shares of the company’s stock worth $1,607,000 after buying an additional 14,647 shares during the last quarter. HCR Wealth Advisors increased its stake in iShares Core S&P Total U.S. Stock Market ETF by 5.1% during the fourth quarter. HCR Wealth Advisors now owns 6,747 shares of the company’s stock valued at $710,000 after purchasing an additional 325 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 5.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 44,470 shares of the company’s stock worth $4,680,000 after buying an additional 2,105 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 0.7% in the 4th quarter. Parallel Advisors LLC now owns 3,432,578 shares of the company’s stock valued at $361,210,000 after buying an additional 24,534 shares during the period. Finally, NYL Investors LLC grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 42.9% during the 4th quarter. NYL Investors LLC now owns 36,994 shares of the company’s stock valued at $3,893,000 after buying an additional 11,100 shares during 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.