iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Reaches New 12-Month High – Here’s Why

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AORGet Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $64.42 and last traded at $64.39, with a volume of 209518 shares. The stock had previously closed at $64.25.

iShares Core 60/40 Balanced Allocation ETF Price Performance

The stock has a market capitalization of $2.67 billion, a P/E ratio of 19.83 and a beta of 0.61. The stock’s fifty day moving average is $62.70 and its two-hundred day moving average is $60.00.

Institutional Investors Weigh In On iShares Core 60/40 Balanced Allocation ETF

Hedge funds have recently made changes to their positions in the company. Columbia River Financial Group LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 1st quarter valued at approximately $45,000. ST Germain D J Co. Inc. purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 2nd quarter valued at approximately $58,000. Wayfinding Financial LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 1st quarter valued at approximately $107,000. Farther Finance Advisors LLC lifted its position in shares of iShares Core 60/40 Balanced Allocation ETF by 140.4% in the 1st quarter. Farther Finance Advisors LLC now owns 6,249 shares of the company’s stock valued at $361,000 after acquiring an additional 3,650 shares in the last quarter. Finally, Harbor Investment Advisory LLC lifted its position in shares of iShares Core 60/40 Balanced Allocation ETF by 3.8% in the 2nd quarter. Harbor Investment Advisory LLC now owns 7,055 shares of the company’s stock valued at $434,000 after acquiring an additional 257 shares in the last quarter.

About iShares Core 60/40 Balanced Allocation ETF

(Get Free Report)

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.

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