JPMorgan Chase & Co. Reduces Position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

JPMorgan Chase & Co. trimmed its holdings in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 1.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,303,265 shares of the company’s stock after selling 17,749 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $163,716,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of ITOT. Evensky & Katz LLC grew its position in iShares Core S&P Total U.S. Stock Market ETF by 5.3% in the 3rd quarter. Evensky & Katz LLC now owns 1,328,368 shares of the company’s stock valued at $166,870,000 after acquiring an additional 66,636 shares during the last quarter. Klaas Financial Asset Advisors LLC grew its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 0.9% in the third quarter. Klaas Financial Asset Advisors LLC now owns 1,196,227 shares of the company’s stock worth $150,270,000 after purchasing an additional 11,042 shares during the last quarter. True Link Financial Advisors LLC increased its stake in iShares Core S&P Total U.S. Stock Market ETF by 6.6% in the 3rd quarter. True Link Financial Advisors LLC now owns 915,630 shares of the company’s stock worth $115,021,000 after buying an additional 56,614 shares during the period. Magnolia Capital Advisors LLC bought a new stake in iShares Core S&P Total U.S. Stock Market ETF during the 2nd quarter valued at about $108,553,000. Finally, Vantage Financial Partners LLC boosted its position in iShares Core S&P Total U.S. Stock Market ETF by 3.5% in the 2nd quarter. Vantage Financial Partners LLC now owns 433,509 shares of the company’s stock valued at $51,492,000 after buying an additional 14,786 shares during the period.

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

Shares of ITOT stock opened at $128.62 on Wednesday. The company has a market capitalization of $60.59 billion, a P/E ratio of 23.79 and a beta of 1.03. The company’s 50-day simple moving average is $130.58 and its two-hundred day simple moving average is $124.87. iShares Core S&P Total U.S. Stock Market ETF has a one year low of $103.01 and a one year high of $134.51.

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.