Manning & Napier Advisors LLC Purchases New Position in iShares Core 60/40 Balanced Allocation ETF $AOR

Manning & Napier Advisors LLC purchased a new stake in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,917 shares of the company’s stock, valued at approximately $765,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ST Germain D J Co. Inc. acquired a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 2nd quarter valued at $58,000. Farther Finance Advisors LLC lifted its position in iShares Core 60/40 Balanced Allocation ETF by 7.7% in the third quarter. Farther Finance Advisors LLC now owns 6,280 shares of the company’s stock valued at $404,000 after acquiring an additional 448 shares during the last quarter. CoreCap Advisors LLC lifted its position in iShares Core 60/40 Balanced Allocation ETF by 18.9% in the third quarter. CoreCap Advisors LLC now owns 6,457 shares of the company’s stock valued at $416,000 after acquiring an additional 1,027 shares during the last quarter. Westside Investment Management Inc. acquired a new position in iShares Core 60/40 Balanced Allocation ETF in the second quarter valued at $444,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the second quarter worth about $497,000.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

AOR opened at $66.16 on Friday. iShares Core 60/40 Balanced Allocation ETF has a one year low of $52.97 and a one year high of $66.32. The stock has a market capitalization of $3.18 billion, a P/E ratio of 19.83 and a beta of 0.65. The business’s 50-day simple moving average is $65.22 and its 200-day simple moving average is $63.86.

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. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.