iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Reaches New 1-Year High – Here’s Why

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) hit a new 52-week high during trading on Thursday . The company traded as high as $96.92 and last traded at $96.92, with a volume of 3501 shares traded. The stock had previously closed at $96.73.

iShares Core 80/20 Aggressive Allocation ETF Stock Performance

The firm’s 50 day moving average is $91.59 and its 200-day moving average is $90.95. The stock has a market capitalization of $3.11 billion, a price-to-earnings ratio of 20.50 and a beta of 0.78.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Rossby Financial LCC boosted its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 3,176.9% during the 4th quarter. Rossby Financial LCC now owns 426 shares of the company’s stock worth $38,000 after acquiring an additional 413 shares in the last quarter. Elyxium Wealth LLC purchased a new position in shares of iShares Core 80/20 Aggressive Allocation ETF in the 4th quarter valued at about $38,000. Sound Income Strategies LLC acquired a new position in iShares Core 80/20 Aggressive Allocation ETF in the 4th quarter worth about $85,000. NBT Bank N A NY boosted its position in iShares Core 80/20 Aggressive Allocation ETF by 1,294.4% during the first quarter. NBT Bank N A NY now owns 1,255 shares of the company’s stock worth $111,000 after purchasing an additional 1,165 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in iShares Core 80/20 Aggressive Allocation ETF by 39.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 1,613 shares of the company’s stock worth $144,000 after purchasing an additional 453 shares in the last quarter.

About iShares Core 80/20 Aggressive Allocation ETF

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.