iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Hits New 1-Year High – Still a Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $88.26 and last traded at $88.11, with a volume of 102368 shares. The stock had previously closed at $87.91.

iShares Core 80/20 Aggressive Allocation ETF Stock Performance

The firm has a market cap of $2.55 billion, a P/E ratio of 20.50 and a beta of 0.78. The stock has a fifty day simple moving average of $85.41 and a 200 day simple moving average of $80.87.

Institutional Trading of iShares Core 80/20 Aggressive Allocation ETF

Several large investors have recently modified their holdings of the company. Ameriprise Financial Inc. grew its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 14.1% in the second quarter. Ameriprise Financial Inc. now owns 27,467 shares of the company’s stock worth $2,291,000 after acquiring an additional 3,390 shares during the period. Weitzel Financial Services Inc. lifted its position in iShares Core 80/20 Aggressive Allocation ETF by 28.7% during the second quarter. Weitzel Financial Services Inc. now owns 6,620 shares of the company’s stock valued at $559,000 after purchasing an additional 1,477 shares in the last quarter. Waterloo Capital L.P. lifted its position in iShares Core 80/20 Aggressive Allocation ETF by 30.4% during the second quarter. Waterloo Capital L.P. now owns 21,274 shares of the company’s stock valued at $1,774,000 after purchasing an additional 4,963 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares Core 80/20 Aggressive Allocation ETF by 17.3% during the second quarter. JPMorgan Chase & Co. now owns 47,011 shares of the company’s stock valued at $3,921,000 after purchasing an additional 6,945 shares in the last quarter. Finally, IMA Advisory Services Inc. lifted its position in iShares Core 80/20 Aggressive Allocation ETF by 17.9% during the second quarter. IMA Advisory Services Inc. now owns 11,001 shares of the company’s stock valued at $887,000 after purchasing an additional 1,667 shares in the last quarter.

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.