Parallel Advisors LLC Reduces Holdings in iShares Core S&P Total U.S. Stock Market ETF $ITOT

Parallel Advisors LLC reduced its stake in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 10.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,368,911 shares of the company’s stock after selling 269,849 shares during the quarter. iShares Core S&P Total U.S. Stock Market ETF comprises approximately 6.3% of Parallel Advisors LLC’s holdings, making the stock its 2nd largest position. Parallel Advisors LLC owned 0.44% of iShares Core S&P Total U.S. Stock Market ETF worth $345,032,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Atlantic Union Bankshares Corp boosted its holdings in iShares Core S&P Total U.S. Stock Market ETF by 226.8% in the second quarter. Atlantic Union Bankshares Corp now owns 5,555 shares of the company’s stock worth $750,000 after acquiring an additional 3,855 shares in the last quarter. Boston Trust Walden Corp purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the third quarter worth $971,000. Fifth Third Securities Inc. increased its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 13.7% during the third quarter. Fifth Third Securities Inc. now owns 67,717 shares of the company’s stock valued at $9,863,000 after acquiring an additional 8,168 shares in the last quarter. American Trust bought a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the second quarter valued at $586,000. Finally, Farther Finance Advisors LLC raised its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 26.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 55,376 shares of the company’s stock worth $8,065,000 after purchasing an additional 11,493 shares during the last quarter.

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

Shares of iShares Core S&P Total U.S. Stock Market ETF stock opened at $146.86 on Friday. iShares Core S&P Total U.S. Stock Market ETF has a 1 year low of $105.00 and a 1 year high of $152.71. The firm’s 50-day moving average is $150.44 and its 200 day moving average is $147.59. The stock has a market cap of $80.34 billion, a price-to-earnings ratio of 24.36 and a beta of 1.02.

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