As an absolute number, yes. Remember though that a lot of money was printed in the last few years. Comparing against GDP[1] or Currency in Circulation[2] the levels are still elevated but not at records, yet.

[1]: https://www.gurufocus.com/economic_indicators/4266/finra-inv... [2]: https://en.macromicro.me/collections/34/us-stock-relative/89...