HighTower Advisors LLC grew its stake in iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT – Free Report) by 20.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 183,900 shares of the company’s stock after buying an additional 31,529 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Top 20 U.S. Stocks ETF were worth $5,743,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Armstrong Advisory Group Inc. purchased a new position in shares of iShares Top 20 U.S. Stocks ETF in the 4th quarter valued at about $26,000. Bank of America Corp DE lifted its stake in iShares Top 20 U.S. Stocks ETF by 843.9% during the third quarter. Bank of America Corp DE now owns 1,935 shares of the company’s stock worth $59,000 after purchasing an additional 1,730 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in iShares Top 20 U.S. Stocks ETF during the third quarter worth approximately $76,000. Flagship Harbor Advisors LLC purchased a new stake in iShares Top 20 U.S. Stocks ETF during the fourth quarter worth approximately $176,000. Finally, Valeo Financial Advisors LLC purchased a new stake in iShares Top 20 U.S. Stocks ETF during the third quarter worth approximately $209,000.
iShares Top 20 U.S. Stocks ETF Stock Up 0.3%
TOPT stock opened at $34.10 on Thursday. The business has a 50 day moving average price of $31.25 and a 200 day moving average price of $30.94. The stock has a market cap of $618.57 million, a price-to-earnings ratio of 32.42 and a beta of 1.09. iShares Top 20 U.S. Stocks ETF has a fifty-two week low of $25.55 and a fifty-two week high of $34.47.
iShares Top 20 U.S. Stocks ETF Profile
The iShares Top 20 U.S. Stocks ETF (TOPT) is an exchange-traded fund that is based on the S&P 500 Top 20 Select index. The fund seeks to mirror the performance of an index comprising the top 20 largest US firms by market-cap in the S&P 500. The companies are weighted by their float-adjusted market-cap TOPT was launched on Oct 23, 2024 and is issued by BlackRock.
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Want to see what other hedge funds are holding TOPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT – Free Report).
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