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

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) shares saw strong trading volume on Monday . 242,305 shares traded hands during mid-day trading, an increase of 70% from the previous session’s volume of 142,152 shares.The stock last traded at $47.87 and had previously closed at $47.98.

iShares Core 40/60 Moderate Allocation ETF Price Performance

The business’s 50-day moving average price is $47.89 and its two-hundred day moving average price is $47.00. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 19.75 and a beta of 0.52.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Painted Porch Advisors LLC acquired a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the 3rd quarter valued at about $51,000. Strategic Advocates LLC bought a new stake in iShares Core 40/60 Moderate Allocation ETF in the third quarter valued at about $135,000. NewEdge Advisors LLC raised its stake in iShares Core 40/60 Moderate Allocation ETF by 13.8% during the third quarter. NewEdge Advisors LLC now owns 21,836 shares of the company’s stock valued at $1,039,000 after buying an additional 2,650 shares in the last quarter. American Trust raised its stake in iShares Core 40/60 Moderate Allocation ETF by 0.6% during the third quarter. American Trust now owns 98,698 shares of the company’s stock valued at $4,696,000 after buying an additional 613 shares in the last quarter. Finally, Evensky & Katz LLC bought a new position in iShares Core 40/60 Moderate Allocation ETF during the 3rd quarter worth approximately $237,000.

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.