Founders Financial Securities LLC Makes New Investment in iShares Top 20 U.S. Stocks ETF $TOPT

Founders Financial Securities LLC acquired a new stake in iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPTFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 59,650 shares of the company’s stock, valued at approximately $1,817,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada lifted its holdings in iShares Top 20 U.S. Stocks ETF by 451.4% in the first quarter. Royal Bank of Canada now owns 102,000 shares of the company’s stock valued at $2,430,000 after acquiring an additional 83,500 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of iShares Top 20 U.S. Stocks ETF by 876.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 79,510 shares of the company’s stock valued at $2,170,000 after purchasing an additional 71,364 shares in the last quarter. Clear Creek Financial Management LLC lifted its stake in shares of iShares Top 20 U.S. Stocks ETF by 219.5% in the 2nd quarter. Clear Creek Financial Management LLC now owns 63,951 shares of the company’s stock valued at $1,745,000 after purchasing an additional 43,936 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in iShares Top 20 U.S. Stocks ETF during the second quarter worth $1,411,000. Finally, Consolidated Planning Corp purchased a new stake in iShares Top 20 U.S. Stocks ETF during the second quarter worth $1,237,000.

iShares Top 20 U.S. Stocks ETF Stock Up 0.2%

TOPT stock opened at $31.63 on Thursday. The company’s 50-day simple moving average is $31.09 and its 200-day simple moving average is $29.45. iShares Top 20 U.S. Stocks ETF has a 52-week low of $20.39 and a 52-week high of $31.97. The firm has a market cap of $427.01 million, a P/E ratio of 32.42 and a beta of 1.17.

iShares Top 20 U.S. Stocks ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT)

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