Mercer Global Advisors Inc. ADV Purchases 1,947 Shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)

Mercer Global Advisors Inc. ADV grew its position in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) by 14.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 15,647 shares of the company’s stock after acquiring an additional 1,947 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in iShares Core 60/40 Balanced Allocation ETF were worth $897,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. increased its position in iShares Core 60/40 Balanced Allocation ETF by 340.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 165,474 shares of the company’s stock worth $9,485,000 after purchasing an additional 127,907 shares during the last quarter. Beacon Financial Advisory LLC increased its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 2.8% in the 4th quarter. Beacon Financial Advisory LLC now owns 9,511 shares of the company’s stock worth $545,000 after buying an additional 256 shares during the last quarter. Merit Financial Group LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter valued at about $468,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 22.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,064 shares of the company’s stock valued at $290,000 after acquiring an additional 931 shares during the last quarter. Finally, Victory Capital Management Inc. purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter worth about $936,000.

iShares Core 60/40 Balanced Allocation ETF Price Performance

Shares of NYSEARCA AOR opened at $58.11 on Friday. iShares Core 60/40 Balanced Allocation ETF has a 1-year low of $52.97 and a 1-year high of $59.77. The business’s 50 day moving average is $56.99 and its two-hundred day moving average is $57.91. The stock has a market capitalization of $2.34 billion, a P/E ratio of 19.26 and a beta of 0.63.

iShares Core 60/40 Balanced Allocation ETF 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.