iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Stock Cross Below 200 Day Moving Average – Here’s Why

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA)’s stock price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $95.37 and traded as low as $94.38. iShares Core 80/20 Aggressive Allocation ETF shares last traded at $94.40, with a volume of 354,797 shares traded.

iShares Core 80/20 Aggressive Allocation ETF Stock Performance

The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 20.50 and a beta of 0.79. The company has a fifty day simple moving average of $97.73 and a 200 day simple moving average of $95.37.

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

Hedge funds have recently made changes to their positions in the stock. Worth Asset Management LLC lifted its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 0.6% in the second quarter. Worth Asset Management LLC now owns 23,586 shares of the company’s stock worth $2,302,000 after acquiring an additional 139 shares during the period. Frisco Financial Planning LLC boosted its holdings in iShares Core 80/20 Aggressive Allocation ETF by 21.1% in the third quarter. Frisco Financial Planning LLC now owns 814 shares of the company’s stock valued at $79,000 after acquiring an additional 142 shares during the last quarter. Mascoma Wealth Management LLC boosted its holdings in iShares Core 80/20 Aggressive Allocation ETF by 7.6% in the first quarter. Mascoma Wealth Management LLC now owns 2,044 shares of the company’s stock valued at $181,000 after acquiring an additional 145 shares during the last quarter. North Star Investment Management Corp. bought a new stake in iShares Core 80/20 Aggressive Allocation ETF in the third quarter valued at approximately $29,000. Finally, Continuum Advisory LLC acquired a new stake in iShares Core 80/20 Aggressive Allocation ETF during the 2nd quarter valued at approximately $44,000.

iShares Core 80/20 Aggressive Allocation ETF Company Profile

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.