Atomic Invest LLC Increases Stock Holdings in iShares Top 20 U.S. Stocks ETF $TOPT

Atomic Invest LLC lifted its stake in iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) by 9,835.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 185,392 shares of the company’s stock after acquiring an additional 183,526 shares during the period. iShares Top 20 U.S. Stocks ETF accounts for 0.5% of Atomic Invest LLC’s portfolio, making the stock its 20th largest position. Atomic Invest LLC owned 0.94% of iShares Top 20 U.S. Stocks ETF worth $6,026,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in TOPT. Envestnet Portfolio Solutions Inc. raised its stake in iShares Top 20 U.S. Stocks ETF by 72.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 18,417 shares of the company’s stock valued at $606,000 after buying an additional 7,731 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Top 20 U.S. Stocks ETF by 16.4% during the second quarter. Envestnet Asset Management Inc. now owns 788,413 shares of the company’s stock valued at $25,955,000 after acquiring an additional 111,315 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of iShares Top 20 U.S. Stocks ETF in the 2nd quarter valued at approximately $155,000. Tranquilli Financial Advisor LLC raised its position in shares of iShares Top 20 U.S. Stocks ETF by 50.5% in the 2nd quarter. Tranquilli Financial Advisor LLC now owns 17,669 shares of the company’s stock valued at $582,000 after purchasing an additional 5,930 shares during the last quarter. Finally, Valeo Financial Advisors LLC acquired a new stake in iShares Top 20 U.S. Stocks ETF in the 2nd quarter worth approximately $231,000.

iShares Top 20 U.S. Stocks ETF Stock Performance

Shares of NYSEARCA TOPT traded up $0.12 during mid-day trading on Friday, hitting $35.29. The stock had a trading volume of 230,983 shares, compared to its average volume of 393,801. The company has a 50 day moving average of $33.64 and a two-hundred day moving average of $32.52. iShares Top 20 U.S. Stocks ETF has a twelve month low of $27.54 and a twelve month high of $35.40. The firm has a market cap of $699.53 million, a PE ratio of 32.42 and a beta of 1.13.

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.