iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Sets New 1-Year High – Time to Buy?

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $69.36 and last traded at $69.36, with a volume of 16421 shares changing hands. The stock had previously closed at $68.79.

iShares Core 60/40 Balanced Allocation ETF Price Performance

The firm has a fifty day simple moving average of $66.69 and a 200 day simple moving average of $66.10. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Several institutional investors have recently bought and sold shares of the business. GGM Financials LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the third quarter worth approximately $26,000. Private Trust Co. NA acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth $27,000. Strategic Investment Solutions Inc. IL acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth $33,000. Ransom Advisory Ltd purchased a new stake in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at $65,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth 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.