iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $67.98 and traded as low as $67.24. iShares Core 60/40 Balanced Allocation ETF shares last traded at $67.26, with a volume of 628,711 shares.
iShares Core 60/40 Balanced Allocation ETF Stock Down 2.3%
The firm has a market cap of $3.85 billion, a PE ratio of 19.83 and a beta of 0.65. The firm’s fifty day simple moving average is $68.90 and its two-hundred day simple moving average is $67.98.
Institutional Investors Weigh In On iShares Core 60/40 Balanced Allocation ETF
Institutional investors have recently added to or reduced their stakes in the stock. WestEnd Advisors LLC purchased a new stake in iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter worth about $23,220,000. Worth Asset Management LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at about $12,888,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter worth approximately $3,114,000. Congress Asset Management Co. bought a new stake in iShares Core 60/40 Balanced Allocation ETF during the 3rd quarter valued at $2,848,000. Finally, Weitzel Financial Services Inc. purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at about $2,717,000.
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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