Valeo Financial Advisors LLC Cuts Stock Position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

Valeo Financial Advisors LLC cut its holdings in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 14.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,754 shares of the company’s stock after selling 2,868 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $1,932,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter valued at approximately $34,000. ICA Group Wealth Management LLC purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the fourth quarter worth approximately $48,000. Advisors Preferred LLC purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the fourth quarter worth approximately $50,000. GAMMA Investing LLC increased its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 1,300.0% during the first quarter. GAMMA Investing LLC now owns 1,400 shares of the company’s stock worth $161,000 after purchasing an additional 1,300 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 61.8% during the first quarter. Massmutual Trust Co. FSB ADV now owns 1,537 shares of the company’s stock worth $177,000 after purchasing an additional 587 shares in the last quarter.

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

Shares of ITOT opened at $120.04 on Thursday. iShares Core S&P Total U.S. Stock Market ETF has a one year low of $89.73 and a one year high of $120.28. The stock has a market capitalization of $56.54 billion, a price-to-earnings ratio of 23.79 and a beta of 1.03. The stock has a 50 day moving average price of $115.92 and a 200 day moving average price of $111.84.

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.