iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Hits New 12-Month High – Still a Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $96.92 and last traded at $96.92, with a volume of 3501 shares traded. The stock had previously closed at $96.73.

iShares Core 80/20 Aggressive Allocation ETF Stock Performance

The firm’s 50 day simple moving average is $91.59 and its 200 day simple moving average is $90.95. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 20.50 and a beta of 0.78.

Institutional Investors Weigh In On iShares Core 80/20 Aggressive Allocation ETF

Several hedge funds have recently added to or reduced their stakes in AOA. Parallel Advisors LLC raised its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 33.0% during the 1st quarter. Parallel Advisors LLC now owns 2,845 shares of the company’s stock valued at $252,000 after buying an additional 706 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 9.4% in the first quarter. Cornerstone Planning Group LLC now owns 13,272 shares of the company’s stock worth $1,262,000 after buying an additional 1,138 shares during the last quarter. Mascoma Wealth Management LLC grew its holdings in iShares Core 80/20 Aggressive Allocation ETF by 7.6% during the first quarter. Mascoma Wealth Management LLC now owns 2,044 shares of the company’s stock worth $181,000 after acquiring an additional 145 shares during the period. Weitzel Financial Services Inc. raised its position in iShares Core 80/20 Aggressive Allocation ETF by 8.9% during the first quarter. Weitzel Financial Services Inc. now owns 8,732 shares of the company’s stock valued at $777,000 after acquiring an additional 712 shares in the last quarter. Finally, NBT Bank N A NY raised its position in iShares Core 80/20 Aggressive Allocation ETF by 1,294.4% during the first quarter. NBT Bank N A NY now owns 1,255 shares of the company’s stock valued at $111,000 after acquiring an additional 1,165 shares in the last quarter.

iShares Core 80/20 Aggressive Allocation ETF Company Profile

iShares Aggressive Allocation ETF (the Fund), formerly iShares S&P Aggressive Allocation Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Aggressive Index (the Aggressive Allocation Index). The Aggressive Allocation Index seeks to measure the performance of an asset allocation strategy targeted to an aggressive risk profile. The Fund is designed for investors seeking long-term capital appreciation.