iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Hits New 52-Week Low – What’s Next?

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) shares hit a new 52-week low on Monday . The stock traded as low as $105.00 and last traded at $105.33, with a volume of 744725 shares. The stock had previously closed at $110.23.

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

The stock has a market capitalization of $55.81 billion, a PE ratio of 23.90 and a beta of 1.03. The business’s 50-day moving average is $127.66 and its two-hundred day moving average is $128.75.

Institutional Trading of iShares Core S&P Total U.S. Stock Market ETF

Hedge funds have recently bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new position in iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter worth approximately $25,000. Noble Wealth Management PBC acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter worth approximately $29,000. OLD Point Trust & Financial Services N A acquired a new stake in iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter worth $32,000. Fourth Dimension Wealth LLC bought a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the fourth quarter valued at approximately $34,000. Finally, BankPlus Trust Department acquired a new position in iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter worth $35,000.

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.