iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Hits New 1-Year High – Should You Buy?

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $69.92 and last traded at $69.84, with a volume of 39016 shares. The stock had previously closed at $69.12.

iShares Core 60/40 Balanced Allocation ETF Price Performance

The firm has a market cap of $3.58 billion, a PE ratio of 19.83 and a beta of 0.64. The stock’s fifty day moving average price is $68.08 and its 200-day moving average price is $66.55.

Institutional Investors Weigh In On iShares Core 60/40 Balanced Allocation ETF

Large investors have recently modified their holdings of the business. NBT Bank N A NY raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 157,167.7% in the first quarter. NBT Bank N A NY now owns 102,224 shares of the company’s stock valued at $6,578,000 after acquiring an additional 102,159 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 292.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 108,561 shares of the company’s stock valued at $7,058,000 after acquiring an additional 80,917 shares in the last quarter. Worth Asset Management LLC raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 5.2% in the fourth quarter. Worth Asset Management LLC now owns 670,703 shares of the company’s stock valued at $43,602,000 after acquiring an additional 32,939 shares in the last quarter. WestEnd Advisors LLC raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 184.4% in the fourth quarter. WestEnd Advisors LLC now owns 49,946 shares of the company’s stock valued at $3,247,000 after acquiring an additional 32,386 shares in the last quarter. Finally, Integrated Investment Consultants LLC raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 4.7% in the third quarter. Integrated Investment Consultants LLC now owns 384,902 shares of the company’s stock valued at $24,780,000 after acquiring an additional 17,304 shares in the last quarter.

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.