iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Hits New 12-Month High – Time to Buy?

Shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) hit a new 52-week high during trading on Friday . The company traded as high as $68.09 and last traded at $67.93, with a volume of 109824 shares trading hands. The stock had previously closed at $67.69.

iShares Core 60/40 Balanced Allocation ETF Trading Up 0.3%

The company has a market capitalization of $3.49 billion, a P/E ratio of 19.83 and a beta of 0.65. The business has a 50 day moving average price of $65.90 and a 200 day moving average price of $65.63.

Hedge Funds Weigh In On iShares Core 60/40 Balanced Allocation ETF

Several hedge funds have recently made changes to their positions in AOR. NBT Bank N A NY grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 157,167.7% during the 1st quarter. NBT Bank N A NY now owns 102,224 shares of the company’s stock worth $6,578,000 after acquiring an additional 102,159 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 292.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 108,561 shares of the company’s stock worth $7,058,000 after acquiring an additional 80,917 shares in the last quarter. Worth Asset Management LLC grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 5.2% during the 4th quarter. Worth Asset Management LLC now owns 670,703 shares of the company’s stock worth $43,602,000 after acquiring an additional 32,939 shares in the last quarter. WestEnd Advisors LLC grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 184.4% during the 4th quarter. WestEnd Advisors LLC now owns 49,946 shares of the company’s stock worth $3,247,000 after acquiring an additional 32,386 shares in the last quarter. Finally, Integrated Investment Consultants LLC grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 4.7% during the 3rd quarter. Integrated Investment Consultants LLC now owns 384,902 shares of the company’s stock worth $24,780,000 after acquiring an additional 17,304 shares in the last quarter.

iShares Core 60/40 Balanced Allocation ETF Company Profile

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.