iShares Top 20 U.S. Stocks ETF $TOPT Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC increased its holdings in shares of iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT) by 20.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 183,900 shares of the company’s stock after purchasing an additional 31,529 shares during the quarter. HighTower Advisors LLC owned 1.16% of iShares Top 20 U.S. Stocks ETF worth $5,743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TOPT. Goodman Advisory Group LLC acquired a new stake in shares of iShares Top 20 U.S. Stocks ETF during the 3rd quarter worth about $12,976,000. Envestnet Asset Management Inc. acquired a new stake in shares of iShares Top 20 U.S. Stocks ETF during the 3rd quarter worth about $7,742,000. Royal Bank of Canada increased its position in shares of iShares Top 20 U.S. Stocks ETF by 451.4% during the 1st quarter. Royal Bank of Canada now owns 102,000 shares of the company’s stock worth $2,430,000 after purchasing an additional 83,500 shares during the last quarter. Tower Research Capital LLC TRC increased its position 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 worth $2,170,000 after purchasing an additional 71,364 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of iShares Top 20 U.S. Stocks ETF by 420.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 86,098 shares of the company’s stock worth $2,689,000 after purchasing an additional 69,555 shares during the last quarter.

iShares Top 20 U.S. Stocks ETF Trading Up 0.3%

Shares of NYSEARCA:TOPT 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 company has a market capitalization 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 12-month low of $25.55 and a 12-month high of $34.47.

About iShares Top 20 U.S. Stocks ETF

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.