iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Sees Unusually-High Trading Volume – What’s Next?

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) shares saw strong trading volume on Thursday . 535,819 shares were traded during mid-day trading, an increase of 47% from the previous session’s volume of 363,516 shares.The stock last traded at $69.1370 and had previously closed at $69.48.

iShares Core 60/40 Balanced Allocation ETF Price Performance

The company has a market capitalization of $3.66 billion, a P/E ratio of 19.83 and a beta of 0.65. The stock has a 50-day moving average price of $69.32 and a 200-day moving average price of $68.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Valeo Financial Advisors LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the second quarter worth $306,000. Worth Asset Management LLC grew its holdings in iShares Core 60/40 Balanced Allocation ETF by 7.6% during the 2nd quarter. Worth Asset Management LLC now owns 742,669 shares of the company’s stock worth $51,615,000 after acquiring an additional 52,693 shares during the period. Arlington Trust Co LLC bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 2nd quarter worth about $58,000. CoreCap Advisors LLC lifted its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 3.3% in the 2nd quarter. CoreCap Advisors LLC now owns 6,661 shares of the company’s stock valued at $463,000 after purchasing an additional 212 shares during the period. Finally, SOA Wealth Advisors LLC. increased its holdings in iShares Core 60/40 Balanced Allocation ETF by 1,205.7% in the first quarter. SOA Wealth Advisors LLC. now owns 8,996 shares of the company’s stock worth $579,000 after purchasing an additional 8,307 shares in the last quarter.

About iShares Core 60/40 Balanced Allocation ETF

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.