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

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM)’s share price reached a new 52-week high on Monday . The company traded as high as $49.14 and last traded at $48.9890, with a volume of 14541 shares trading hands. The stock had previously closed at $49.10.

iShares Core 40/60 Moderate Allocation ETF Price Performance

The company has a 50-day simple moving average of $48.31 and a 200-day simple moving average of $47.73. The stock has a market cap of $1.70 billion, a PE ratio of 19.75 and a beta of 0.52.

Institutional Trading of iShares Core 40/60 Moderate Allocation ETF

A number of institutional investors have recently added to or reduced their stakes in AOM. Jones Financial Companies Lllp lifted its holdings in iShares Core 40/60 Moderate Allocation ETF by 44.2% in the 1st 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 in the last quarter. IMA Advisory Services Inc. raised its position in shares of iShares Core 40/60 Moderate Allocation ETF by 19.8% in the second quarter. IMA Advisory Services Inc. now owns 11,244 shares of the company’s stock valued at $498,000 after buying an additional 1,857 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 148.3% during the second quarter. JPMorgan Chase & Co. now owns 45,472 shares of the company’s stock valued at $2,094,000 after buying an additional 27,156 shares during the period. Waterloo Capital L.P. boosted its position in iShares Core 40/60 Moderate Allocation ETF by 48.4% during the second quarter. Waterloo Capital L.P. now owns 8,108 shares of the company’s stock worth $373,000 after acquiring an additional 2,643 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares Core 40/60 Moderate Allocation ETF by 6.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 281,931 shares of the company’s stock worth $12,995,000 after acquiring an additional 17,790 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.