Worth Asset Management LLC Raises Stock Position in iShares Core 60/40 Balanced Allocation ETF $AOR

Worth Asset Management LLC raised its position in shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) by 7.6% in the second quarter, HoldingsChannel reports. The firm owned 742,669 shares of the company’s stock after acquiring an additional 52,693 shares during the period. iShares Core 60/40 Balanced Allocation ETF makes up 16.5% of Worth Asset Management LLC’s investment portfolio, making the stock its largest position. Worth Asset Management LLC’s holdings in iShares Core 60/40 Balanced Allocation ETF were worth $51,615,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arlington Trust Co LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the second quarter valued at approximately $58,000. CoreCap Advisors LLC raised its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 3.3% during the second quarter. CoreCap Advisors LLC now owns 6,661 shares of the company’s stock valued at $463,000 after buying an additional 212 shares during the last quarter. SOA Wealth Advisors LLC. raised its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 1,205.7% during the first quarter. SOA Wealth Advisors LLC. now owns 8,996 shares of the company’s stock valued at $579,000 after buying an additional 8,307 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of iShares Core 60/40 Balanced Allocation ETF by 494.7% during the first quarter. EverSource Wealth Advisors LLC now owns 3,842 shares of the company’s stock worth $247,000 after buying an additional 3,196 shares during the period. Finally, IMA Advisory Services Inc. boosted its position in shares of iShares Core 60/40 Balanced Allocation ETF by 2.7% during the first quarter. IMA Advisory Services Inc. now owns 26,161 shares of the company’s stock worth $1,683,000 after buying an additional 699 shares during the period.

iShares Core 60/40 Balanced Allocation ETF Price Performance

Shares of AOR stock opened at $70.12 on Friday. iShares Core 60/40 Balanced Allocation ETF has a 12-month low of $62.00 and a 12-month high of $70.21. The firm has a market capitalization of $3.72 billion, a price-to-earnings ratio of 19.83 and a beta of 0.64. The business has a 50 day simple moving average of $68.98 and a 200 day simple moving average of $67.46.

iShares Core 60/40 Balanced Allocation ETF Profile

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.