Parallel Advisors LLC Sells 20,585 Shares of iShares Core S&P Total U.S. Stock Market ETF $ITOT

Parallel Advisors LLC reduced its position in shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 1.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,086,167 shares of the ETF’s stock after selling 20,585 shares during the period. iShares Core S&P Total U.S. Stock Market ETF comprises approximately 2.4% of Parallel Advisors LLC’s portfolio, making the stock its 5th largest position. Parallel Advisors LLC owned approximately 0.19% of iShares Core S&P Total U.S. Stock Market ETF worth $180,608,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. NBH Bank acquired a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the second quarter worth $25,000. Main Street Group LTD acquired a new stake in iShares Core S&P Total U.S. Stock Market ETF in the first quarter valued at $59,000. NFSG Corp raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 13.3% in the third quarter. NFSG Corp now owns 587 shares of the ETF’s stock valued at $98,000 after buying an additional 69 shares in the last quarter. Azimuth Capital Investment Management LLC purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF during the 2nd quarter worth about $200,000. Finally, Anchor Investment Management LLC lifted its holdings in iShares Core S&P Total U.S. Stock Market ETF by 42.7% during the 1st quarter. Anchor Investment Management LLC now owns 1,587 shares of the ETF’s stock worth $226,000 after buying an additional 475 shares during the last quarter.

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

Shares of NYSEARCA:ITOT traded up $0.62 on Friday, hitting $160.54. 2,855,834 shares of the company’s stock were exchanged, compared to its average volume of 3,259,504. The firm’s 50-day moving average is $167.06 and its 200 day moving average is $159.71. The company has a market capitalization of $93.09 billion, a PE ratio of 24.36 and a beta of 1.02. iShares Core S&P Total U.S. Stock Market ETF has a 1-year low of $137.73 and a 1-year high of $171.03.

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.