iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Hits New 52-Week High – Should You Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) shares hit a new 52-week high on Thursday . The stock traded as high as $96.68 and last traded at $96.63, with a volume of 97574 shares. The stock had previously closed at $95.11.

iShares Core 80/20 Aggressive Allocation ETF Stock Up 0.8%

The firm’s fifty day moving average is $91.34 and its 200-day moving average is $90.73. The stock has a market capitalization of $3.10 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 modified their holdings of AOA. Western Wealth Management LLC grew its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 1,467.1% during the 4th quarter. Western Wealth Management LLC now owns 77,824 shares of the company’s stock worth $6,970,000 after purchasing an additional 72,858 shares during the period. Align Financial LLC purchased a new stake in shares of iShares Core 80/20 Aggressive Allocation ETF during the 4th quarter worth about $6,245,000. Strategic Blueprint LLC purchased a new stake in shares of iShares Core 80/20 Aggressive Allocation ETF during the 4th quarter worth about $2,517,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 26.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 59,420 shares of the company’s stock worth $5,237,000 after purchasing an additional 12,409 shares during the period. Finally, Wealthquest Corp acquired a new position in iShares Core 80/20 Aggressive Allocation ETF during the 4th quarter worth approximately $765,000.

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.