iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Sets New 1-Year High – Here’s Why

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $65.81 and last traded at $65.7350, with a volume of 97340 shares changing hands. The stock had previously closed at $65.66.

iShares Core 60/40 Balanced Allocation ETF Trading Up 0.3%

The firm’s 50-day simple moving average is $65.07 and its 200 day simple moving average is $63.60. The stock has a market cap of $3.18 billion, a P/E ratio of 19.83 and a beta of 0.65.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Several large investors have recently added to or reduced their stakes in AOR. Strategic Advocates LLC boosted its position in iShares Core 60/40 Balanced Allocation ETF by 2.6% during the 3rd quarter. Strategic Advocates LLC now owns 8,244 shares of the company’s stock worth $531,000 after acquiring an additional 205 shares during the period. Harbor Investment Advisory LLC raised its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 3.8% during the second quarter. Harbor Investment Advisory LLC now owns 7,055 shares of the company’s stock valued at $434,000 after purchasing an additional 257 shares in the last quarter. BlueStem Wealth Partners LLC lifted its holdings in iShares Core 60/40 Balanced Allocation ETF by 0.6% in the third quarter. BlueStem Wealth Partners LLC now owns 69,392 shares of the company’s stock worth $4,467,000 after purchasing an additional 397 shares during the period. GGM Financials LLC acquired a new stake in iShares Core 60/40 Balanced Allocation ETF in the third quarter worth about $26,000. Finally, Farther Finance Advisors LLC grew its position in iShares Core 60/40 Balanced Allocation ETF by 7.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,280 shares of the company’s stock valued at $404,000 after buying an additional 448 shares in the last quarter.

iShares Core 60/40 Balanced Allocation ETF Company 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.