735,114 Shares in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 735,114 shares of the company’s stock, valued at approximately $31,933,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 317.6% in the fourth quarter. Wells Fargo & Company MN now owns 969,069 shares of the company’s stock valued at $42,096,000 after purchasing an additional 737,023 shares during the period. LPL Financial LLC grew its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 1.2% during the fourth quarter. LPL Financial LLC now owns 949,981 shares of the company’s stock valued at $41,267,000 after acquiring an additional 11,282 shares in the last quarter. Foundations Investment Advisors LLC increased its position in shares of iShares Core 40/60 Moderate Allocation ETF by 17.4% during the fourth quarter. Foundations Investment Advisors LLC now owns 356,996 shares of the company’s stock worth $15,508,000 after acquiring an additional 52,973 shares during the last quarter. HUB Investment Partners LLC lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 9.6% in the fourth quarter. HUB Investment Partners LLC now owns 254,693 shares of the company’s stock worth $11,064,000 after acquiring an additional 22,257 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its holdings in iShares Core 40/60 Moderate Allocation ETF by 12.7% in the fourth quarter. Focus Financial Network Inc. now owns 189,506 shares of the company’s stock valued at $8,232,000 after purchasing an additional 21,404 shares during the last quarter.

iShares Core 40/60 Moderate Allocation ETF Stock Down 0.3 %

AOM stock opened at $42.67 on Thursday. The stock’s 50 day moving average is $43.77 and its two-hundred day moving average is $44.04. iShares Core 40/60 Moderate Allocation ETF has a 52-week low of $41.10 and a 52-week high of $45.31. The company has a market capitalization of $1.41 billion, a PE ratio of 20.52 and a beta of 0.50.

About iShares Core 40/60 Moderate Allocation ETF

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.