iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Sets New 52-Week High – Here’s Why

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $99.00 and last traded at $99.00, with a volume of 628 shares trading hands. The stock had previously closed at $98.22.

iShares Core 80/20 Aggressive Allocation ETF Trading Up 0.3%

The firm has a 50-day moving average of $95.87 and a 200 day moving average of $92.52. The company has a market cap of $3.16 billion, a P/E ratio of 20.50 and a beta of 0.77.

Hedge Funds Weigh In On iShares Core 80/20 Aggressive Allocation ETF

A number of institutional investors and hedge funds have recently modified their holdings of AOA. Jones Financial Companies Lllp boosted its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 765.5% during the 1st quarter. Jones Financial Companies Lllp now owns 8,915 shares of the company’s stock worth $682,000 after buying an additional 7,885 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 17.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 47,011 shares of the company’s stock valued at $3,921,000 after acquiring an additional 6,945 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Core 80/20 Aggressive Allocation ETF by 14.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 27,467 shares of the company’s stock valued at $2,291,000 after acquiring an additional 3,390 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of iShares Core 80/20 Aggressive Allocation ETF by 9.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 10,070 shares of the company’s stock valued at $888,000 after acquiring an additional 895 shares during the period. Finally, Strategic Advocates LLC boosted its stake in iShares Core 80/20 Aggressive Allocation ETF by 2.5% during the third quarter. Strategic Advocates LLC now owns 25,207 shares of the company’s stock worth $2,222,000 after acquiring an additional 625 shares in 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.