iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Hits New 1-Year High – Time to Buy?

Shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $146.26 and last traded at $145.26, with a volume of 1537944 shares changing hands. The stock had previously closed at $146.02.

iShares Core S&P Total U.S. Stock Market ETF Trading Down 0.5%

The company has a 50 day moving average price of $140.90 and a 200 day moving average price of $131.02. The firm has a market cap of $76.04 billion, a PE ratio of 24.36 and a beta of 1.02.

Institutional Trading of iShares Core S&P Total U.S. Stock Market ETF

Large investors have recently bought and sold shares of the company. Richardson Financial Services Inc. acquired a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the 2nd quarter worth $38,000. ORG Wealth Partners LLC purchased a new position in iShares Core S&P Total U.S. Stock Market ETF during the 1st quarter valued at about $37,000. Main Street Group LTD increased its holdings in iShares Core S&P Total U.S. Stock Market ETF by 14,950.0% during the 2nd quarter. Main Street Group LTD now owns 301 shares of the company’s stock valued at $41,000 after acquiring an additional 299 shares in the last quarter. Curio Wealth LLC raised its position in iShares Core S&P Total U.S. Stock Market ETF by 36,500.0% during the second quarter. Curio Wealth LLC now owns 366 shares of the company’s stock worth $49,000 after acquiring an additional 365 shares during the last quarter. Finally, Columbia River Financial Group LLC purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the first quarter valued at about $44,000.

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.