iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Reaches New 12-Month High – Still a Buy?

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) shares reached a new 52-week high on Wednesday . The company traded as high as $70.32 and last traded at $70.13, with a volume of 20101 shares changing hands. The stock had previously closed at $69.90.

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

The stock has a 50-day moving average price of $68.99 and a 200 day moving average price of $67.53. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 19.83 and a beta of 0.64.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Institutional investors have recently bought and sold shares of the business. Private Trust Co. NA acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth $27,000. Strategic Investment Solutions Inc. IL purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at about $33,000. Arlington Trust Co LLC purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the 2nd quarter valued at about $58,000. Flagship Harbor Advisors LLC acquired a new stake in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter worth about $73,000. Finally, Mascoma Wealth Management LLC increased its stake in iShares Core 60/40 Balanced Allocation ETF by 23.4% during the 4th quarter. Mascoma Wealth Management LLC now owns 1,218 shares of the company’s stock worth $79,000 after buying an additional 231 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.