iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Sets New 12-Month High – Time to Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $97.72 and last traded at $97.72, with a volume of 12676 shares trading hands. The stock had previously closed at $96.76.

iShares Core 80/20 Aggressive Allocation ETF Stock Performance

The company has a 50-day simple moving average of $92.48 and a 200-day simple moving average of $91.33. The stock has a market cap of $3.12 billion, a P/E ratio of 20.50 and a beta of 0.78.

Institutional Investors Weigh In On iShares Core 80/20 Aggressive Allocation ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Rossby Financial LCC raised its position in shares of iShares Core 80/20 Aggressive Allocation ETF by 3,176.9% during the fourth quarter. Rossby Financial LCC now owns 426 shares of the company’s stock worth $38,000 after acquiring an additional 413 shares during the last quarter. Elyxium Wealth LLC bought a new stake in shares of iShares Core 80/20 Aggressive Allocation ETF during the fourth quarter worth $38,000. Sound Income Strategies LLC bought a new stake in shares of iShares Core 80/20 Aggressive Allocation ETF during the fourth quarter worth $85,000. NBT Bank N A NY raised its position in shares of 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 acquiring an additional 1,165 shares during the last quarter. Finally, Harbor Investment Advisory LLC raised its position in shares of 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 acquiring an additional 453 shares during 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.