iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Reaches New 1-Year High – Should You Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $99.80 and last traded at $99.79, with a volume of 14758 shares trading hands. The stock had previously closed at $99.46.

iShares Core 80/20 Aggressive Allocation ETF Trading Up 0.6%

The business’s 50-day moving average is $97.19 and its two-hundred day moving average is $94.35. The stock has a market capitalization of $3.30 billion, a PE ratio of 20.50 and a beta of 0.78.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC boosted its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 1,467.1% in the fourth quarter. Western Wealth Management LLC now owns 77,824 shares of the company’s stock valued at $6,970,000 after purchasing an additional 72,858 shares during the period. Align Financial LLC purchased a new stake in iShares Core 80/20 Aggressive Allocation ETF during the 4th quarter worth $6,245,000. CX Institutional increased its stake in iShares Core 80/20 Aggressive Allocation ETF by 201.0% during the 2nd quarter. CX Institutional now owns 82,700 shares of the company’s stock worth $8,072,000 after buying an additional 55,223 shares during the period. Strategic Blueprint LLC purchased a new stake in iShares Core 80/20 Aggressive Allocation ETF during the 4th quarter worth $2,517,000. Finally, JPMorgan Chase & Co. lifted its holdings in iShares Core 80/20 Aggressive Allocation ETF by 26.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 59,420 shares of the company’s stock worth $5,237,000 after buying an additional 12,409 shares in the last quarter.

iShares Core 80/20 Aggressive Allocation ETF Company Profile

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. The Fund is designed for investors seeking long-term capital appreciation.