King Wealth Management Group Trims Stock Holdings in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

King Wealth Management Group lowered its position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 2.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 97,902 shares of the company’s stock after selling 1,983 shares during the quarter. iShares Core S&P Total U.S. Stock Market ETF makes up about 1.9% of King Wealth Management Group’s investment portfolio, making the stock its 13th largest position. King Wealth Management Group’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $12,298,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Regency Capital Management Inc. DE grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 177.0% during the third quarter. Regency Capital Management Inc. DE now owns 24,383 shares of the company’s stock valued at $3,063,000 after purchasing an additional 15,582 shares in the last quarter. Evensky & Katz LLC increased its stake in iShares Core S&P Total U.S. Stock Market ETF by 5.3% in the 3rd quarter. Evensky & Katz LLC now owns 1,328,368 shares of the company’s stock worth $166,870,000 after acquiring an additional 66,636 shares during the last quarter. Magnolia Capital Advisors LLC purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the 2nd quarter worth approximately $108,553,000. IFG Advisory LLC bought a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the 2nd quarter valued at approximately $453,000. Finally, Sanibel Captiva Trust Company Inc. grew its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 16.1% in the second quarter. Sanibel Captiva Trust Company Inc. now owns 4,511 shares of the company’s stock valued at $536,000 after purchasing an additional 625 shares in the last quarter.

iShares Core S&P Total U.S. Stock Market ETF Stock Down 0.7 %

ITOT stock opened at $130.55 on Friday. iShares Core S&P Total U.S. Stock Market ETF has a 52 week low of $98.25 and a 52 week high of $132.34. The firm has a market capitalization of $61.50 billion, a P/E ratio of 23.79 and a beta of 1.03. The company has a fifty day simple moving average of $125.78 and a two-hundred day simple moving average of $120.90.

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.