iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Shares Break Below 200-Day Moving Average – Time to Sell?

Shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $67.98 and traded as low as $67.24. iShares Core 60/40 Balanced Allocation ETF shares last traded at $67.26, with a volume of 628,711 shares traded.

iShares Core 60/40 Balanced Allocation ETF Stock Down 2.3%

The stock has a market capitalization of $3.85 billion, a PE ratio of 19.83 and a beta of 0.65. The firm has a 50 day moving average price of $68.90 and a 200-day moving average price of $67.98.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Several large investors have recently made changes to their positions in the business. Oakworth Capital Inc. acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the third quarter worth $44,000. Arlington Trust Co LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the second quarter valued at $58,000. Creative Capital Management Investments LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the third quarter valued at $70,000. Mascoma Wealth Management LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the third quarter valued at $76,000. Finally, Vima LLC purchased a new stake in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at $104,000.

About iShares Core 60/40 Balanced Allocation ETF

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.