iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) Sees Large Volume Increase – Should You Buy?

iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) shares saw strong trading volume on Monday . 282,897 shares changed hands during mid-day trading, an increase of 206% from the previous session’s volume of 92,482 shares.The stock last traded at $77.01 and had previously closed at $76.79.

iShares Core Aggressive Allocation ETF Stock Up 0.3 %

The stock has a market capitalization of $1.98 billion, a PE ratio of 17.85 and a beta of 0.78. The firm has a 50 day moving average price of $78.48 and a 200-day moving average price of $76.85.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. acquired a new position in iShares Core Aggressive Allocation ETF in the third quarter valued at approximately $28,000. Eastern Bank purchased a new position in shares of iShares Core Aggressive Allocation ETF during the 3rd quarter valued at approximately $34,000. Continuum Advisory LLC lifted its stake in shares of iShares Core Aggressive Allocation ETF by 42.2% in the 3rd quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock valued at $50,000 after purchasing an additional 190 shares during the period. Nvwm LLC boosted its holdings in iShares Core Aggressive Allocation ETF by 6.7% during the third quarter. Nvwm LLC now owns 2,933 shares of the company’s stock worth $231,000 after buying an additional 183 shares in the last quarter. Finally, Weitzel Financial Services Inc. grew its position in iShares Core Aggressive Allocation ETF by 17.8% during the second quarter. Weitzel Financial Services Inc. now owns 3,374 shares of the company’s stock valued at $252,000 after buying an additional 510 shares during the period.

About iShares Core Aggressive Allocation ETF

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.