iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Short Interest Down 37.9% in April

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,873,231 shares, a decrease of 37.9% from the April 15th total of 3,018,107 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 2,393,353 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On iShares Core S&P Total U.S. Stock Market ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 752.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,109 shares of the company’s stock valued at $555,000 after purchasing an additional 3,627 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares Core S&P Total U.S. Stock Market ETF by 2.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,964,007 shares of the company’s stock valued at $265,231,000 after acquiring an additional 40,553 shares during the period. BNP Paribas Financial Markets raised its holdings in iShares Core S&P Total U.S. Stock Market ETF by 504.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 520 shares of the company’s stock valued at $70,000 after acquiring an additional 434 shares during the period. Monograph Wealth Advisors LLC bought a new position in iShares Core S&P Total U.S. Stock Market ETF in the 2nd quarter valued at about $302,000. Finally, WFA of San Diego LLC bought a new position in iShares Core S&P Total U.S. Stock Market ETF in the 2nd quarter valued at about $253,000.

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

NYSEARCA ITOT traded down $0.16 on Monday, reaching $160.94. The company had a trading volume of 1,925,623 shares, compared to its average volume of 5,236,349. The firm has a market capitalization of $91.06 billion, a price-to-earnings ratio of 24.36 and a beta of 1.01. iShares Core S&P Total U.S. Stock Market ETF has a 1-year low of $125.59 and a 1-year high of $163.57. The company’s fifty day moving average is $150.73 and its 200-day moving average is $149.84.

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.