Benjamin Edwards Inc. Buys New Position in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)

Benjamin Edwards Inc. purchased a new position in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 11,264 shares of the company’s stock, valued at approximately $646,000.

Other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN grew its position in iShares Core 60/40 Balanced Allocation ETF by 424.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,999,890 shares of the company’s stock worth $114,634,000 after acquiring an additional 1,618,838 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter valued at about $61,492,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 105.7% during the 4th quarter. JPMorgan Chase & Co. now owns 681,814 shares of the company’s stock valued at $39,082,000 after buying an additional 12,607,854 shares in the last quarter. Richard Bernstein Advisors LLC lifted its position in iShares Core 60/40 Balanced Allocation ETF by 573.6% in the 4th quarter. Richard Bernstein Advisors LLC now owns 654,691 shares of the company’s stock worth $37,527,000 after buying an additional 557,502 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. boosted its stake in iShares Core 60/40 Balanced Allocation ETF by 1.7% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 611,306 shares of the company’s stock worth $35,040,000 after buying an additional 10,127 shares in the last quarter.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

Shares of AOR opened at $58.11 on Friday. iShares Core 60/40 Balanced Allocation ETF has a fifty-two week low of $52.97 and a fifty-two week high of $59.77. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 19.26 and a beta of 0.63. The firm has a 50 day moving average price of $56.99 and a 200-day moving average price of $57.91.

iShares Core 60/40 Balanced Allocation ETF 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.