iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw an uptick in trading volume on Thursday . 408,739 shares were traded during trading, an increase of 202% from the previous session’s volume of 135,178 shares.The stock last traded at $48.05 and had previously closed at $48.12.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

The company has a market cap of $1.63 billion, a PE ratio of 19.75 and a beta of 0.52. The company has a fifty day moving average of $47.73 and a two-hundred day moving average of $46.59.

Hedge Funds Weigh In On iShares Core 40/60 Moderate Allocation ETF

A number of large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 85.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,937 shares of the company’s stock worth $89,000 after acquiring an additional 891 shares during the last quarter. AdvisorNet Financial Inc grew its position in iShares Core 40/60 Moderate Allocation ETF by 6.5% in the 2nd quarter. AdvisorNet Financial Inc now owns 3,908 shares of the company’s stock valued at $180,000 after acquiring an additional 238 shares during the last quarter. Waterloo Capital L.P. increased its stake in iShares Core 40/60 Moderate Allocation ETF by 48.4% in the second quarter. Waterloo Capital L.P. now owns 8,108 shares of the company’s stock worth $373,000 after purchasing an additional 2,643 shares during the period. Weitzel Financial Services Inc. lifted its position in shares of iShares Core 40/60 Moderate Allocation ETF by 2.2% during the first quarter. Weitzel Financial Services Inc. now owns 280,083 shares of the company’s stock worth $12,111,000 after purchasing an additional 5,933 shares during the last quarter. Finally, HFM Investment Advisors LLC purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the first quarter valued at $113,000.

About iShares Core 40/60 Moderate Allocation ETF

iShares Moderate Allocation ETF, formerly iShares S&P Moderate Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Moderate Index (the Moderate Allocation Index). The Moderate Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a moderate risk profile.