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

Shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw strong trading volume on Wednesday . 886,903 shares changed hands during trading, an increase of 243% from the previous session’s volume of 258,717 shares.The stock last traded at $65.3750 and had previously closed at $65.17.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

The stock has a fifty day moving average of $64.63 and a 200-day moving average of $62.66. The company has a market cap of $2.92 billion, a PE ratio of 19.83 and a beta of 0.65.

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

A number of large investors have recently made changes to their positions in the business. GGM Financials LLC acquired a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the third quarter valued at about $26,000. ST Germain D J Co. Inc. purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the second quarter valued at $58,000. Parallel Advisors LLC grew its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 23.3% during the third quarter. Parallel Advisors LLC now owns 3,494 shares of the company’s stock valued at $225,000 after buying an additional 660 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at $250,000. Finally, Transcendent Capital Group LLC purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter worth $311,000.

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.