Montecito Bank & Trust Has $3.82 Million Stake in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT)

Montecito Bank & Trust reduced its position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 3.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 30,407 shares of the company’s stock after selling 1,201 shares during the quarter. Montecito Bank & Trust’s holdings in iShares Core S&P Total U.S. Stock Market ETF were worth $3,820,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Magnolia Capital Advisors LLC acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the 2nd quarter valued at $108,553,000. Allstate Corp lifted its holdings in iShares Core S&P Total U.S. Stock Market ETF by 57.9% in the first quarter. Allstate Corp now owns 244,894 shares of the company’s stock valued at $28,236,000 after buying an additional 89,788 shares during the period. SVB Wealth LLC raised its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 20.5% in the 1st quarter. SVB Wealth LLC now owns 463,463 shares of the company’s stock worth $53,437,000 after acquiring an additional 78,937 shares in the last quarter. ORG Partners LLC acquired a new position in shares of iShares Core S&P Total U.S. Stock Market ETF in the 2nd quarter valued at about $8,215,000. Finally, Evensky & Katz LLC boosted its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 5.3% during the 3rd quarter. Evensky & Katz LLC now owns 1,328,368 shares of the company’s stock valued at $166,870,000 after purchasing an additional 66,636 shares in the last quarter.

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

Shares of ITOT stock opened at $130.13 on Thursday. iShares Core S&P Total U.S. Stock Market ETF has a fifty-two week low of $94.87 and a fifty-two week high of $130.34. The stock has a 50 day simple moving average of $124.84 and a two-hundred day simple moving average of $120.18. The company has a market cap of $61.30 billion, a P/E ratio of 23.79 and a beta of 1.03.

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