iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Stock Price Down 0.6% – Time to Sell?

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) shares fell 0.6% on Thursday . The company traded as low as $46.86 and last traded at $47.26. 224,502 shares changed hands during trading, an increase of 34% from the average session volume of 167,714 shares. The stock had previously closed at $47.54.

iShares Core 40/60 Moderate Allocation ETF Trading Down 0.6%

The stock has a 50-day simple moving average of $48.23 and a 200-day simple moving average of $47.96. The company has a market cap of $1.65 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 institutional investors have recently bought and sold shares of AOM. American Trust bought a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the 2nd quarter worth about $4,516,000. Weitzel Financial Services Inc. boosted its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 4.0% in the third quarter. Weitzel Financial Services Inc. now owns 288,776 shares of the company’s stock valued at $13,648,000 after acquiring an additional 11,208 shares in the last quarter. Strategic Blueprint LLC acquired a new position in shares of iShares Core 40/60 Moderate Allocation ETF during the fourth quarter valued at approximately $418,000. Farther Finance Advisors LLC increased its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 161.2% during the fourth quarter. Farther Finance Advisors LLC now owns 3,594 shares of the company’s stock valued at $172,000 after acquiring an additional 2,218 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in iShares Core 40/60 Moderate Allocation ETF during the fourth quarter worth approximately $28,000.

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.