SVB Wealth LLC Purchases New Stake in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

SVB Wealth LLC acquired a new position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) during the 4th quarter, HoldingsChannel reports. The fund acquired 78,372 shares of the company’s stock, valued at approximately $10,080,000.

Other hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 63.2% during the 4th quarter. GAMMA Investing LLC now owns 3,954 shares of the company’s stock valued at $509,000 after buying an additional 1,531 shares during the last quarter. Diversified Portfolios Inc. raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 11.2% in the 3rd quarter. Diversified Portfolios Inc. now owns 27,949 shares of the company’s stock valued at $3,511,000 after acquiring an additional 2,820 shares during the period. IHT Wealth Management LLC lifted its holdings in iShares Core S&P Total U.S. Stock Market ETF by 4.1% during the third quarter. IHT Wealth Management LLC now owns 20,836 shares of the company’s stock valued at $2,619,000 after purchasing an additional 827 shares during the last quarter. ORG Partners LLC boosted its position in iShares Core S&P Total U.S. Stock Market ETF by 1.0% during the fourth quarter. ORG Partners LLC now owns 89,269 shares of the company’s stock worth $11,482,000 after purchasing an additional 887 shares during the period. Finally, Fiduciary Alliance LLC increased its stake in shares of iShares Core S&P Total U.S. Stock Market ETF by 4.5% in the fourth quarter. Fiduciary Alliance LLC now owns 22,405 shares of the company’s stock worth $2,882,000 after purchasing an additional 958 shares in the last quarter.

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

NYSEARCA ITOT opened at $130.06 on Friday. The company’s 50 day moving average is $131.41 and its 200-day moving average is $128.43. The firm has a market cap of $65.15 billion, a P/E ratio of 25.82 and a beta of 1.04. iShares Core S&P Total U.S. Stock Market ETF has a 12-month low of $108.49 and a 12-month high of $134.70.

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