iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Reaches New 52-Week High – Should You Buy?

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) shares reached a new 52-week high on Thursday . The stock traded as high as $48.50 and last traded at $48.38, with a volume of 16138 shares changing hands. The stock had previously closed at $48.33.

iShares Core 40/60 Moderate Allocation ETF Stock Up 0.2%

The company has a market cap of $1.73 billion, a PE ratio of 19.75 and a beta of 0.52. The company’s fifty day moving average is $47.93 and its 200-day moving average is $47.20.

Institutional Trading of iShares Core 40/60 Moderate Allocation ETF

Several large investors have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its holdings in 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 acquiring an additional 3,670 shares during the period. Farther Finance Advisors LLC increased its position in shares of iShares Core 40/60 Moderate Allocation ETF by 85.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,937 shares of the company’s stock valued at $89,000 after purchasing an additional 891 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 6.5% in the 2nd quarter. AdvisorNet Financial Inc now owns 3,908 shares of the company’s stock worth $180,000 after purchasing an additional 238 shares during the period. WestEnd Advisors LLC lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 1,007.0% in the 2nd quarter. WestEnd Advisors LLC now owns 631 shares of the company’s stock worth $29,000 after purchasing an additional 574 shares during the period. Finally, Venturi Wealth Management LLC boosted its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 9.8% in the second quarter. Venturi Wealth Management LLC now owns 5,655 shares of the company’s stock worth $260,000 after buying an additional 506 shares during the last quarter.

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.