iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Hits New 12-Month High – Time to Buy?

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $68.09 and last traded at $67.93, with a volume of 109824 shares trading hands. The stock had previously closed at $67.69.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

The company has a market capitalization of $3.49 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. The business’s 50-day simple moving average is $65.90 and its 200-day simple moving average is $65.63.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. GGM Financials LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at about $26,000. Private Trust Co. NA bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at about $27,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at about $33,000. Ransom Advisory Ltd bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at about $65,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at about $73,000.

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.