iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Sees Large Volume Increase – Time to Buy?

Shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AORGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 535,819 shares changed hands during trading, an increase of 47% from the previous session’s volume of 363,516 shares.The stock last traded at $69.1370 and had previously closed at $69.48.

iShares Core 60/40 Balanced Allocation ETF Trading Down 0.6%

The company has a market capitalization of $3.66 billion, a P/E ratio of 19.83 and a beta of 0.65. The stock has a 50 day moving average price of $69.32 and a 200 day moving average price of $68.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL bought a new stake in iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth approximately $33,000. Arlington Trust Co LLC acquired a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the second quarter worth $58,000. Gould Capital LLC lifted its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 123.6% during the fourth quarter. Gould Capital LLC now owns 2,263 shares of the company’s stock worth $147,000 after purchasing an additional 1,251 shares during the period. TD Private Client Wealth LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the fourth quarter worth $163,000. Finally, Parallel Advisors LLC increased its holdings in iShares Core 60/40 Balanced Allocation ETF by 23.3% in the third quarter. Parallel Advisors LLC now owns 3,494 shares of the company’s stock valued at $225,000 after purchasing an additional 660 shares during the period.

iShares Core 60/40 Balanced Allocation ETF Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for iShares Core 60/40 Balanced Allocation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core 60/40 Balanced Allocation ETF and related companies with MarketBeat.com's FREE daily email newsletter.