Midwest Financial Network LLC Purchases Shares of 29,462 iShares Top 20 U.S. Stocks ETF $TOPT

Midwest Financial Network LLC purchased a new position in shares of iShares Top 20 U.S. Stocks ETF (NYSEARCA:TOPT – Free Report) in the second quarter, HoldingsChannel.com reports. The firm purchased 29,462 shares of the company’s stock, valued at approximately $970,000.

Other hedge funds have also recently made changes to their positions in the company. NewEdge Advisors LLC lifted its stake in shares of iShares Top 20 U.S. Stocks ETF by 598,100.0% in the 4th quarter. NewEdge Advisors LLC now owns 281,154 shares of the company’s stock valued at $8,780,000 after purchasing an additional 281,107 shares during the period. Independent Financial Group LLC acquired a new stake in iShares Top 20 U.S. Stocks ETF during the first quarter worth approximately $7,730,000. LPL Financial LLC grew its stake in iShares Top 20 U.S. Stocks ETF by 34.8% during the fourth quarter. LPL Financial LLC now owns 688,738 shares of the company’s stock worth $21,509,000 after purchasing an additional 177,777 shares during the period. Royal Bank of Canada increased 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 worth $2,430,000 after purchasing an additional 83,500 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in iShares Top 20 U.S. Stocks ETF by 582.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 87,844 shares of the company’s stock worth $2,743,000 after purchasing an additional 74,966 shares in the last quarter.

iShares Top 20 U.S. Stocks ETF Stock Performance

Shares of TOPT opened at $33.85 on Thursday. iShares Top 20 U.S. Stocks ETF has a 52-week low of $27.54 and a 52-week high of $34.47. The business’s 50 day moving average price is $33.08 and its two-hundred day moving average price is $31.61. The firm has a market cap of $683.09 million, a PE ratio of 32.42 and a beta of 1.13.

iShares Top 20 U.S. Stocks ETF Company 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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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).