iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Reaches New 12-Month Low – Should You Sell?

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) shares hit a new 52-week low during trading on Monday . The stock traded as low as $53.04 and last traded at $53.10, with a volume of 133334 shares traded. The stock had previously closed at $54.43.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

The stock has a fifty day simple moving average of $57.98 and a two-hundred day simple moving average of $58.25. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 20.40 and a beta of 0.63.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Midwest Capital Advisors LLC bought a new position in iShares Core 60/40 Balanced Allocation ETF during the 4th quarter valued at approximately $29,000. Hobbs Group Advisors LLC bought a new stake in iShares Core 60/40 Balanced Allocation ETF during the 3rd quarter valued at about $32,000. Synergy Asset Management LLC bought a new position in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at approximately $37,000. Continuum Advisory LLC purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter worth about $36,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter valued at approximately $39,000.

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.