iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM – Get Free Report) saw strong trading volume on Monday . 390,841 shares changed hands during mid-day trading, an increase of 143% from the previous session’s volume of 160,755 shares.The stock last traded at $49.09 and had previously closed at $49.12.
iShares Core 40/60 Moderate Allocation ETF Trading Down 0.2%
The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51. The company’s 50 day moving average is $49.51 and its 200 day moving average is $48.72.
Institutional Trading of iShares Core 40/60 Moderate Allocation ETF
Several institutional investors and hedge funds have recently made changes to their positions in AOM. Weitzel Financial Services Inc. grew its stake in iShares Core 40/60 Moderate Allocation ETF by 3.9% during the 1st quarter. Weitzel Financial Services Inc. now owns 313,078 shares of the company’s stock worth $14,846,000 after buying an additional 11,814 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares Core 40/60 Moderate Allocation ETF by 6.7% in the second quarter. Ameriprise Financial Inc. now owns 281,931 shares of the company’s stock valued at $12,995,000 after buying an additional 17,790 shares during the last quarter. American Trust lifted its stake in iShares Core 40/60 Moderate Allocation ETF by 0.6% in the third quarter. American Trust now owns 98,698 shares of the company’s stock valued at $4,696,000 after buying an additional 613 shares during the last quarter. Western Wealth Management LLC acquired a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the fourth quarter valued at approximately $4,460,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 148.3% in the second quarter. JPMorgan Chase & Co. now owns 45,472 shares of the company’s stock valued at $2,094,000 after acquiring an additional 27,156 shares during the period.
iShares Core 40/60 Moderate Allocation ETF Company Profile
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.
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