Weitzel Financial Services Inc. bought a new position in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 39,657 shares of the company’s stock, valued at approximately $2,717,000. iShares Core 60/40 Balanced Allocation ETF makes up about 0.9% of Weitzel Financial Services Inc.’s holdings, making the stock its 19th largest holding. Weitzel Financial Services Inc. owned about 0.07% of iShares Core 60/40 Balanced Allocation ETF at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Mosley Wealth Management bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at $374,000. Pension & Wealth Management Advisors Inc. acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the third quarter worth $422,000. Nvwm LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the third quarter worth $620,000. Bullock Wealth Management Group acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the third quarter worth $113,000. Finally, Farther Finance Advisors LLC bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the third quarter valued at $1,334,000.
iShares Core 60/40 Balanced Allocation ETF Stock Performance
Shares of NYSEARCA AOR traded down $0.37 during midday trading on Friday, reaching $68.28. 2,216,735 shares of the company traded hands, compared to its average volume of 401,409. iShares Core 60/40 Balanced Allocation ETF has a 12 month low of $62.96 and a 12 month high of $70.49. The stock’s 50-day simple moving average is $69.36 and its 200-day simple moving average is $68.62. The firm has a market cap of $3.96 billion, a PE ratio of 19.83 and a beta of 0.65.
About iShares Core 60/40 Balanced Allocation ETF
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.
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