iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Hits New 12-Month High – Should You Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA)’s share price reached a new 52-week high on Friday . The stock traded as high as $95.02 and last traded at $94.91, with a volume of 24199 shares traded. The stock had previously closed at $94.66.

iShares Core 80/20 Aggressive Allocation ETF Stock Up 0.4%

The stock’s 50-day moving average is $91.18 and its 200 day moving average is $90.52. The stock has a market capitalization of $3.05 billion, a PE ratio of 20.50 and a beta of 0.78.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AOA. Jones Financial Companies Lllp grew its position in iShares Core 80/20 Aggressive Allocation ETF by 765.5% during the first quarter. Jones Financial Companies Lllp now owns 8,915 shares of the company’s stock valued at $682,000 after purchasing an additional 7,885 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares Core 80/20 Aggressive Allocation ETF by 17.3% during the second quarter. JPMorgan Chase & Co. now owns 47,011 shares of the company’s stock valued at $3,921,000 after purchasing an additional 6,945 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares Core 80/20 Aggressive Allocation ETF by 14.1% during the second quarter. Ameriprise Financial Inc. now owns 27,467 shares of the company’s stock valued at $2,291,000 after purchasing an additional 3,390 shares in the last quarter. Arbor Investment Advisors LLC grew its position in iShares Core 80/20 Aggressive Allocation ETF by 36.1% during the third quarter. Arbor Investment Advisors LLC now owns 5,722 shares of the company’s stock valued at $504,000 after purchasing an additional 1,518 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in iShares Core 80/20 Aggressive Allocation ETF by 7.0% during the third quarter. CoreCap Advisors LLC now owns 3,403 shares of the company’s stock valued at $300,000 after purchasing an additional 223 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.