Schechter Investment Advisors LLC Reduces Position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

Schechter Investment Advisors LLC cut its position in shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 19.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,279 shares of the company’s stock after selling 2,277 shares during the period. Schechter Investment Advisors LLC’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $1,193,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ITOT. University of Maryland Foundation Inc. purchased a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the 3rd quarter worth about $40,623,000. SVB Wealth LLC purchased a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter worth about $10,080,000. Jones Financial Companies Lllp boosted its position in iShares Core S&P Total U.S. Stock Market ETF by 34.8% in the 4th quarter. Jones Financial Companies Lllp now owns 275,859 shares of the company’s stock valued at $35,481,000 after buying an additional 71,190 shares during the period. Avior Wealth Management LLC boosted its position in iShares Core S&P Total U.S. Stock Market ETF by 94.9% in the 4th quarter. Avior Wealth Management LLC now owns 49,040 shares of the company’s stock valued at $6,308,000 after buying an additional 23,880 shares during the period. Finally, Serenus Wealth Advisors LLC purchased a new stake in iShares Core S&P Total U.S. Stock Market ETF in the 4th quarter valued at about $3,062,000.

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

iShares Core S&P Total U.S. Stock Market ETF stock opened at $127.59 on Tuesday. The stock has a market cap of $63.91 billion, a price-to-earnings ratio of 25.82 and a beta of 1.04. iShares Core S&P Total U.S. Stock Market ETF has a 1 year low of $108.49 and a 1 year high of $134.70. The firm has a 50-day moving average of $131.36 and a two-hundred day moving average of $128.62.

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

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.