iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Reaches New 1-Year High – Should You Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $90.78 and last traded at $90.7150, with a volume of 107426 shares changing hands. The stock had previously closed at $90.05.

iShares Core 80/20 Aggressive Allocation ETF Trading Down 0.2%

The company has a 50-day simple moving average of $89.42 and a 200 day simple moving average of $87.02. The company has a market cap of $2.79 billion, a P/E ratio of 20.50 and a beta of 0.79.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its position in iShares Core 80/20 Aggressive Allocation ETF by 765.5% in the 1st quarter. Jones Financial Companies Lllp now owns 8,915 shares of the company’s stock valued at $682,000 after buying an additional 7,885 shares during the period. HFM Investment Advisors LLC bought a new stake in shares of iShares Core 80/20 Aggressive Allocation ETF during the first quarter valued at approximately $1,878,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 80.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,321 shares of the company’s stock valued at $110,000 after purchasing an additional 590 shares during the period. Strategic Advocates LLC grew its stake in iShares Core 80/20 Aggressive Allocation ETF by 2.6% in the second quarter. Strategic Advocates LLC now owns 24,582 shares of the company’s stock worth $2,050,000 after purchasing an additional 621 shares in the last quarter. Finally, CX Institutional grew its stake in iShares Core 80/20 Aggressive Allocation ETF by 58,402.8% in the second quarter. CX Institutional now owns 476,798 shares of the company’s stock worth $39,765,000 after purchasing an additional 475,983 shares in the last quarter.

iShares Core 80/20 Aggressive Allocation ETF Company Profile

iShares Aggressive Allocation ETF (the Fund), formerly iShares S&P Aggressive Allocation Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Aggressive Index (the Aggressive Allocation Index). The Aggressive Allocation Index seeks to measure the performance of an asset allocation strategy targeted to an aggressive risk profile. The Fund is designed for investors seeking long-term capital appreciation.