Royal Bank of Canada Buys Shares of 53,157 iShares Top 20 U.S. Stocks ETF $TOPT

Royal Bank of Canada bought a new position in shares of iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 53,157 shares of the company’s stock, valued at approximately $1,521,000. Royal Bank of Canada owned about 0.29% of iShares Top 20 U.S. Stocks ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Laurel Oak Wealth Management LLC boosted its holdings in shares of iShares Top 20 U.S. Stocks ETF by 4.7% during the 1st quarter. Laurel Oak Wealth Management LLC now owns 7,384 shares of the company’s stock valued at $211,000 after acquiring an additional 334 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares Top 20 U.S. Stocks ETF by 2.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 26,887 shares of the company’s stock worth $840,000 after purchasing an additional 533 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in iShares Top 20 U.S. Stocks ETF by 8.6% in the 4th quarter. Sunbelt Securities Inc. now owns 7,534 shares of the company’s stock worth $235,000 after purchasing an additional 596 shares in the last quarter. SkyOak Wealth LLC raised its position in iShares Top 20 U.S. Stocks ETF by 6.8% in the first quarter. SkyOak Wealth LLC now owns 9,435 shares of the company’s stock valued at $270,000 after purchasing an additional 600 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in iShares Top 20 U.S. Stocks ETF by 2.1% in the first quarter. Private Advisor Group LLC now owns 31,905 shares of the company’s stock valued at $913,000 after purchasing an additional 645 shares during the last quarter.

iShares Top 20 U.S. Stocks ETF Price Performance

iShares Top 20 U.S. Stocks ETF stock opened at $33.58 on Thursday. The business has a 50 day moving average of $33.10 and a 200-day moving average of $31.84. iShares Top 20 U.S. Stocks ETF has a 1 year low of $27.54 and a 1 year high of $34.47. The company has a market capitalization of $677.64 million, a P/E ratio of 32.42 and a beta of 1.13.

About iShares Top 20 U.S. Stocks ETF

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.