iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Sets New 12-Month High – Should You Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $99.00 and last traded at $99.00, with a volume of 628 shares. The stock had previously closed at $98.22.

iShares Core 80/20 Aggressive Allocation ETF Trading Up 0.3%

The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 20.50 and a beta of 0.77. The business’s 50-day simple moving average is $95.87 and its two-hundred day simple moving average is $92.52.

Institutional Investors Weigh In On iShares Core 80/20 Aggressive Allocation ETF

A number of institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp raised its stake in iShares Core 80/20 Aggressive Allocation ETF by 765.5% during the first quarter. Jones Financial Companies Lllp now owns 8,915 shares of the company’s stock worth $682,000 after buying an additional 7,885 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares Core 80/20 Aggressive Allocation ETF by 17.3% during the second quarter. JPMorgan Chase & Co. now owns 47,011 shares of the company’s stock valued at $3,921,000 after acquiring an additional 6,945 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares Core 80/20 Aggressive Allocation ETF by 14.1% during the second quarter. Ameriprise Financial Inc. now owns 27,467 shares of the company’s stock valued at $2,291,000 after acquiring an additional 3,390 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in iShares Core 80/20 Aggressive Allocation ETF by 9.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 10,070 shares of the company’s stock worth $888,000 after acquiring an additional 895 shares during the period. Finally, Strategic Advocates LLC grew its holdings in iShares Core 80/20 Aggressive Allocation ETF by 2.5% during the 3rd quarter. Strategic Advocates LLC now owns 25,207 shares of the company’s stock worth $2,222,000 after acquiring an additional 625 shares during the period.

About iShares Core 80/20 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. The Fund is designed for investors seeking long-term capital appreciation.