Worth Asset Management LLC Buys 188,089 Shares of iShares Core 60/40 Balanced Allocation ETF $AOR

Worth Asset Management LLC purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) during the third quarter, Holdings Channel.com reports. The fund purchased 188,089 shares of the company’s stock, valued at approximately $12,888,000. iShares Core 60/40 Balanced Allocation ETF makes up approximately 3.8% of Worth Asset Management LLC’s holdings, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AOR. Congress Asset Management Co. purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at $2,848,000. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 3rd quarter valued at about $235,000. CX Institutional purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at about $461,000. Valeo Financial Advisors LLC purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 2nd quarter valued at about $306,000. Finally, Arlington Trust Co LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF in the 2nd quarter worth about $58,000.

iShares Core 60/40 Balanced Allocation ETF Price Performance

AOR stock traded down $0.27 during mid-day trading on Wednesday, reaching $68.74. 384,357 shares of the company’s stock were exchanged, compared to its average volume of 386,066. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. The stock’s 50 day moving average is $69.44 and its 200 day moving average is $68.39. iShares Core 60/40 Balanced Allocation ETF has a 12-month low of $62.96 and a 12-month high of $70.49.

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.