iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Reaches New 52-Week High – Here’s What Happened

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $67.00 and last traded at $66.7470, with a volume of 281 shares. The stock had previously closed at $66.73.

iShares Core 60/40 Balanced Allocation ETF Price Performance

The company has a fifty day moving average of $65.81 and a 200 day moving average of $64.52. The firm has a market capitalization of $3.22 billion, a P/E ratio of 19.83 and a beta of 0.65.

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

Several hedge funds and other institutional investors have recently bought and sold shares of AOR. GGM Financials LLC bought a new stake in iShares Core 60/40 Balanced Allocation ETF during the third quarter valued at $26,000. Private Trust Co. NA acquired a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at about $27,000. Ransom Advisory Ltd bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter valued at about $65,000. Flagship Harbor Advisors LLC acquired a new stake in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth approximately $73,000. Finally, Mascoma Wealth Management LLC grew its stake in iShares Core 60/40 Balanced Allocation ETF by 23.4% during the fourth quarter. Mascoma Wealth Management LLC now owns 1,218 shares of the company’s stock worth $79,000 after purchasing an additional 231 shares during the period.

About iShares Core 60/40 Balanced Allocation ETF

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.