iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Hits New 1-Year High – Here’s What Happened

Shares of iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) reached a new 52-week high during trading on Wednesday . The stock traded as high as $49.39 and last traded at $49.36, with a volume of 5870 shares changing hands. The stock had previously closed at $49.01.

iShares Core 40/60 Moderate Allocation ETF Price Performance

The firm’s 50-day moving average price is $48.14 and its 200 day moving average price is $48.11. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51.

Institutional Trading of iShares Core 40/60 Moderate Allocation ETF

Several large investors have recently modified their holdings of AOM. Jones Financial Companies Lllp grew its position in shares of iShares Core 40/60 Moderate Allocation ETF by 44.2% in the first quarter. Jones Financial Companies Lllp now owns 11,977 shares of the company’s stock valued at $576,000 after purchasing an additional 3,670 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Core 40/60 Moderate Allocation ETF by 148.3% in the second quarter. JPMorgan Chase & Co. now owns 45,472 shares of the company’s stock valued at $2,094,000 after purchasing an additional 27,156 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of iShares Core 40/60 Moderate Allocation ETF by 6.7% in the second quarter. Ameriprise Financial Inc. now owns 281,931 shares of the company’s stock valued at $12,995,000 after purchasing an additional 17,790 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 176.3% during the second quarter. Captrust Financial Advisors now owns 24,917 shares of the company’s stock valued at $1,147,000 after buying an additional 15,899 shares during the period. Finally, CoreCap Advisors LLC lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 6.8% during the third quarter. CoreCap Advisors LLC now owns 4,040 shares of the company’s stock valued at $192,000 after buying an additional 257 shares during the period.

About iShares Core 40/60 Moderate Allocation ETF

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.