iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Hits New 12-Month High – Here’s What Happened

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM)’s share price hit a new 52-week high on Thursday . The stock traded as high as $50.12 and last traded at $50.12, with a volume of 27798 shares trading hands. The stock had previously closed at $49.90.

iShares Core 40/60 Moderate Allocation ETF Trading Down 0.2%

The company has a market cap of $1.78 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51. The business has a fifty day moving average of $49.47 and a two-hundred day moving average of $48.90.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Weitzel Financial Services Inc. grew its stake in iShares Core 40/60 Moderate Allocation ETF by 4.3% in the 4th quarter. Weitzel Financial Services Inc. now owns 301,264 shares of the company’s stock valued at $14,415,000 after acquiring an additional 12,488 shares during the period. Mosley Wealth Management acquired a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the fourth quarter valued at about $510,000. Western Wealth Management LLC acquired a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the fourth quarter valued at about $4,460,000. Venturi Wealth Management LLC increased its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 5.2% during the first quarter. Venturi Wealth Management LLC now owns 5,039 shares of the company’s stock worth $239,000 after purchasing an additional 251 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 44.2% during the first quarter. Jones Financial Companies Lllp now owns 11,977 shares of the company’s stock worth $576,000 after purchasing an additional 3,670 shares in 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.