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

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $69.98 and last traded at $69.97, with a volume of 205290 shares. The stock had previously closed at $69.06.

iShares Core 60/40 Balanced Allocation ETF Price Performance

The stock has a market cap of $3.70 billion, a PE ratio of 19.83 and a beta of 0.64. The firm’s 50 day moving average price is $68.97 and its two-hundred day moving average price is $67.41.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Valeo Financial Advisors LLC bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the second quarter valued at approximately $306,000. Worth Asset Management LLC raised its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 7.6% during the 2nd quarter. Worth Asset Management LLC now owns 742,669 shares of the company’s stock valued at $51,615,000 after buying an additional 52,693 shares in the last quarter. Arlington Trust Co LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 2nd quarter valued at about $58,000. CoreCap Advisors LLC raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 3.3% during the 2nd 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. Finally, SOA Wealth Advisors LLC. lifted its holdings in iShares Core 60/40 Balanced Allocation ETF by 1,205.7% in the 1st quarter. SOA Wealth Advisors LLC. now owns 8,996 shares of the company’s stock worth $579,000 after buying an additional 8,307 shares during the period.

About iShares Core 60/40 Balanced Allocation ETF

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.