iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Hits New 52-Week High – Time to Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $92.06 and last traded at $92.0130, with a volume of 20837 shares trading hands. The stock had previously closed at $91.67.

iShares Core 80/20 Aggressive Allocation ETF Trading Up 0.5%

The company has a 50-day moving average price of $89.94 and a two-hundred day moving average price of $87.76. The stock has a market cap of $2.84 billion, a P/E ratio of 20.50 and a beta of 0.79.

Hedge Funds Weigh In On iShares Core 80/20 Aggressive Allocation ETF

A number of large investors have recently made changes to their positions in AOA. Jones Financial Companies Lllp raised its position in iShares Core 80/20 Aggressive Allocation ETF by 765.5% in the 1st quarter. Jones Financial Companies Lllp now owns 8,915 shares of the company’s stock worth $682,000 after purchasing an additional 7,885 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 56.5% during the second quarter. Janney Montgomery Scott LLC now owns 6,166 shares of the company’s stock valued at $514,000 after buying an additional 2,226 shares during the last quarter. Kickstand Ventures LLC. bought a new position in shares of iShares Core 80/20 Aggressive Allocation ETF during the second quarter valued at approximately $775,000. Duncan Williams Asset Management LLC purchased a new stake in shares of iShares Core 80/20 Aggressive Allocation ETF in the second quarter worth approximately $775,000. Finally, Venturi Wealth Management LLC lifted its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 1.8% during the 2nd quarter. Venturi Wealth Management LLC now owns 22,181 shares of the company’s stock worth $1,850,000 after acquiring an additional 385 shares during the last quarter.

About iShares Core 80/20 Aggressive Allocation ETF

iShares Aggressive Allocation ETF (the Fund), formerly iShares S&P Aggressive Allocation Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Aggressive Index (the Aggressive Allocation Index). The Aggressive Allocation Index seeks to measure the performance of an asset allocation strategy targeted to an aggressive risk profile. The Fund is designed for investors seeking long-term capital appreciation.