iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Sees Unusually-High Trading Volume – Time to Buy?

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) shares saw unusually-high trading volume on Friday. Approximately 228,560 shares changed hands during trading, an increase of 35% from the previous session’s volume of 169,552 shares. The stock last traded at $49.0410 and had previously closed at $49.02.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

The firm has a market cap of $1.89 billion, a PE ratio of 19.75 and a beta of 0.51. The firm’s 50-day moving average price is $49.49 and its two-hundred day moving average price is $49.08.

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

A number of institutional investors and hedge funds have recently bought and sold shares of AOM. Leo H. Evart Inc. purchased a new position in shares of iShares Core 40/60 Moderate Allocation ETF during the second quarter worth about $35,000. Tsfg LLC purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the 2nd quarter valued at about $53,000. Ascentis Independent Advisors acquired a new position in iShares Core 40/60 Moderate Allocation ETF during the first quarter worth approximately $53,000. Comprehensive Financial Planning Inc. PA lifted its stake in iShares Core 40/60 Moderate Allocation ETF by 48.8% in the second quarter. Comprehensive Financial Planning Inc. PA now owns 1,795 shares of the company’s stock valued at $90,000 after buying an additional 589 shares during the last quarter. Finally, United Community Bank lifted its stake in iShares Core 40/60 Moderate Allocation ETF by 285.0% in the second quarter. United Community Bank now owns 1,925 shares of the company’s stock valued at $96,000 after buying an additional 1,425 shares during the last quarter.

iShares Core 40/60 Moderate Allocation ETF Company Profile

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. The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation.