iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Share Price Break Below 200-Day Moving Average – Should You Sell?

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $48.95 and traded as low as $48.58. iShares Core 40/60 Moderate Allocation ETF shares last traded at $48.74, with a volume of 447,087 shares changing hands.

iShares Core 40/60 Moderate Allocation ETF Stock Down 0.6%

The company has a market cap of $1.87 billion, a P/E ratio of 19.75 and a beta of 0.52. The business has a fifty day simple moving average of $49.15 and a two-hundred day simple moving average of $48.95.

Institutional Investors Weigh In On iShares Core 40/60 Moderate Allocation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AOM. Weitzel Financial Services Inc. raised its stake in iShares Core 40/60 Moderate Allocation ETF by 12.1% during the second quarter. Weitzel Financial Services Inc. now owns 350,979 shares of the company’s stock valued at $17,991,000 after purchasing an additional 37,901 shares in the last quarter. Godshalk Welsh Capital Management Inc. boosted its position in shares of iShares Core 40/60 Moderate Allocation ETF by 24.9% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 27,224 shares of the company’s stock valued at $1,290,000 after buying an additional 5,425 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 21.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 20,623 shares of the company’s stock worth $1,029,000 after purchasing an additional 3,576 shares during the last quarter. WestEnd Advisors LLC bought a new position in iShares Core 40/60 Moderate Allocation ETF in the third quarter worth approximately $600,000. Finally, Continuum Advisory LLC purchased a new position in iShares Core 40/60 Moderate Allocation ETF during the 2nd quarter valued at about $398,000.

iShares Core 40/60 Moderate Allocation ETF Company Profile

(Get Free Report)

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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