WestEnd Advisors LLC Buys New Shares in iShares Core 40/60 Moderate Allocation ETF $AOM

WestEnd Advisors LLC purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,302 shares of the company’s stock, valued at approximately $600,000.

A number of other hedge funds have also bought and sold shares of AOM. Root Financial Partners LLC acquired a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the third quarter worth $143,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the third quarter valued at $207,000. Compass Financial Management LLC purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the second quarter valued at $288,000. Comprehensive Financial Planning Inc. PA increased its position in shares of iShares Core 40/60 Moderate Allocation ETF by 48.8% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 1,795 shares of the company’s stock valued at $90,000 after acquiring an additional 589 shares during the period. Finally, United Community Bank increased its position in shares of iShares Core 40/60 Moderate Allocation ETF by 285.0% in the 2nd quarter. United Community Bank now owns 1,925 shares of the company’s stock valued at $96,000 after acquiring an additional 1,425 shares during the period.

iShares Core 40/60 Moderate Allocation ETF Price Performance

NYSEARCA AOM opened at $48.94 on Wednesday. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 19.75 and a beta of 0.52. The stock’s fifty day moving average price is $49.20 and its 200 day moving average price is $48.94. iShares Core 40/60 Moderate Allocation ETF has a 1 year low of $46.60 and a 1 year high of $50.16.

iShares Core 40/60 Moderate Allocation ETF 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.