iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Sees Large Volume Increase – What’s Next?

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw unusually-high trading volume on Friday . Approximately 277,822 shares traded hands during trading, an increase of 108% from the previous session’s volume of 133,732 shares.The stock last traded at $48.0790 and had previously closed at $48.02.

iShares Core 40/60 Moderate Allocation ETF Stock Up 0.2%

The stock’s 50 day moving average price is $47.66 and its two-hundred day moving average price is $46.44. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 19.75 and a beta of 0.52.

Hedge Funds Weigh In On iShares Core 40/60 Moderate Allocation ETF

A number of institutional investors have recently made changes to their positions in the business. AdvisorNet Financial Inc raised its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 6.5% in the 2nd quarter. AdvisorNet Financial Inc now owns 3,908 shares of the company’s stock valued at $180,000 after buying an additional 238 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in iShares Core 40/60 Moderate Allocation ETF by 6.8% during the third quarter. CoreCap Advisors LLC now owns 4,040 shares of the company’s stock valued at $192,000 after purchasing an additional 257 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 9.8% in the 2nd quarter. Venturi Wealth Management LLC now owns 5,655 shares of the company’s stock worth $260,000 after buying an additional 506 shares in the last quarter. WestEnd Advisors LLC boosted its stake in iShares Core 40/60 Moderate Allocation ETF by 1,007.0% in the 2nd quarter. WestEnd Advisors LLC now owns 631 shares of the company’s stock valued at $29,000 after buying an additional 574 shares in the last quarter. Finally, American Trust grew its position in iShares Core 40/60 Moderate Allocation ETF by 0.6% in the third quarter. American Trust now owns 98,698 shares of the company’s stock valued at $4,696,000 after acquiring an additional 613 shares during the period.

iShares Core 40/60 Moderate Allocation ETF Company 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.