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

Archer Investment Corp grew its position in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,224 shares of the company’s stock after purchasing an additional 776 shares during the quarter. 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 Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Prime Capital Investment Advisors LLC raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 33.4% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 1,286,786 shares of the company’s stock valued at $135,409,000 after purchasing an additional 322,254 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 880,504 shares of the company’s stock valued at $82,935,000 after purchasing an additional 29,378 shares in the last quarter. True Link Financial Advisors LLC raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 12.8% during the fourth quarter. True Link Financial Advisors LLC now owns 840,970 shares of the company’s stock valued at $88,495,000 after purchasing an additional 95,664 shares in the last quarter. Captrust Financial Advisors raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 200.2% during the fourth quarter. Captrust Financial Advisors now owns 492,126 shares of the company’s stock valued at $41,732,000 after purchasing an additional 328,186 shares in the last quarter. Finally, United Capital Financial Advisers LLC raised its stake in iShares Core S&P Total U.S. Stock Market ETF by 15.9% during the fourth quarter. United Capital Financial Advisers LLC now owns 488,260 shares of the company’s stock valued at $41,404,000 after purchasing an additional 67,136 shares in the last quarter.

iShares Core S&P Total U.S. Stock Market ETF Stock Down 0.4 %

iShares Core S&P Total U.S. Stock Market ETF stock traded down $0.48 during mid-day trading on Wednesday, reaching $110.05. 996,741 shares of the company’s stock traded hands, compared to its average volume of 1,433,074. iShares Core S&P Total U.S. Stock Market ETF has a 12-month low of $88.76 and a 12-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 stock has a 50 day moving average of $112.51 and a two-hundred day moving average of $104.68.

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.