Archer Investment Corp Acquires 776 Shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

Archer Investment Corp increased its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 4.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 17,224 shares of the company’s stock after purchasing an additional 776 shares during the period. Archer Investment Corp’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $1,813,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ITOT. Covestor Ltd acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the third quarter valued at approximately $35,000. Retirement Group LLC raised its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 291.8% in the fourth quarter. Retirement Group LLC now owns 478 shares of the company’s stock valued at $41,000 after buying an additional 356 shares in the last quarter. Advisors Preferred LLC acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter valued at approximately $50,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the first quarter valued at approximately $56,000. Finally, PSI Advisors LLC raised its position in iShares Core S&P Total U.S. Stock Market ETF by 209.1% during the third quarter. PSI Advisors LLC now owns 745 shares of the company’s stock valued at $70,000 after purchasing an additional 504 shares in the last quarter.

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

ITOT traded down $0.48 during trading on Wednesday, hitting $110.05. 996,741 shares of the stock traded hands, compared to its average volume of 1,433,074. iShares Core S&P Total U.S. Stock Market ETF has a twelve month low of $88.76 and a twelve month high of $115.61. The company has a market cap of $51.71 billion, a price-to-earnings ratio of 24.22 and a beta of 1.02. The business has a 50 day moving average price of $112.51 and a 200 day moving average price of $104.68.

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.