Worth Asset Management LLC Has $44.40 Million Stock Holdings in iShares Core 60/40 Balanced Allocation ETF $AOR

Worth Asset Management LLC increased its position in shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) by 2.9% in the first quarter, Holdings Channel.com reports. The firm owned 689,976 shares of the company’s stock after purchasing an additional 19,273 shares during the quarter. iShares Core 60/40 Balanced Allocation ETF comprises approximately 16.6% of Worth Asset Management LLC’s investment portfolio, making the stock its biggest position. Worth Asset Management LLC’s holdings in iShares Core 60/40 Balanced Allocation ETF were worth $44,400,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Integrated Investment Consultants LLC lifted its stake in iShares Core 60/40 Balanced Allocation ETF by 4.7% in the third quarter. Integrated Investment Consultants LLC now owns 384,902 shares of the company’s stock worth $24,780,000 after purchasing an additional 17,304 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 292.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 108,561 shares of the company’s stock valued at $7,058,000 after buying an additional 80,917 shares during the last quarter. BlueStem Wealth Partners LLC raised its holdings in shares of 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 buying an additional 397 shares during the period. WestEnd Advisors LLC raised its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 184.4% in the fourth quarter. WestEnd Advisors LLC now owns 49,946 shares of the company’s stock worth $3,247,000 after buying an additional 32,386 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 3.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 44,427 shares of the company’s stock worth $2,860,000 after acquiring an additional 1,542 shares during the last quarter.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

Shares of AOR stock opened at $69.60 on Tuesday. The stock has a 50 day moving average price of $68.42 and a 200 day moving average price of $66.67. iShares Core 60/40 Balanced Allocation ETF has a 52-week low of $59.87 and a 52-week high of $69.97. The firm has a market capitalization of $3.57 billion, a P/E ratio of 19.83 and a beta of 0.64.

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.