Allstate Corp Boosts Stake in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

Allstate Corp lifted its holdings in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 3,574.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,296,810 shares of the company’s stock after acquiring an additional 1,261,519 shares during the period. iShares Core S&P Total U.S. Stock Market ETF accounts for about 4.9% of Allstate Corp’s portfolio, making the stock its 5th biggest holding. Allstate Corp owned approximately 0.28% of iShares Core S&P Total U.S. Stock Market ETF worth $166,796,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ITOT. Bank of Jackson Hole Trust bought a new stake in iShares Core S&P Total U.S. Stock Market ETF in the 4th quarter valued at $25,000. Noble Wealth Management PBC bought a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter worth about $29,000. OLD Point Trust & Financial Services N A purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF in the fourth quarter worth about $32,000. BankPlus Trust Department bought a new position in iShares Core S&P Total U.S. Stock Market ETF during the fourth quarter valued at approximately $35,000. Finally, Wells Financial Advisors INC purchased a new position in iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter valued at approximately $41,000.

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

NYSEARCA:ITOT opened at $121.39 on Friday. The company has a market cap of $61.04 billion, a price-to-earnings ratio of 24.11 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 stock’s 50 day simple moving average is $129.07 and its two-hundred day simple moving average is $128.77.

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.