iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Stock Cross Below 200-Day Moving Average – Here’s What Happened

Shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $68.04 and traded as low as $67.67. iShares Core 60/40 Balanced Allocation ETF shares last traded at $67.93, with a volume of 783,781 shares changing hands.

iShares Core 60/40 Balanced Allocation ETF Trading Down 0.2%

The business’s fifty day simple moving average is $68.69 and its 200 day simple moving average is $68.04. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 19.83 and a beta of 0.66.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Compass Financial Management LLC bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter worth $370,000. CKW Financial Group acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the third quarter worth $104,000. Creative Capital Management Investments LLC bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at about $70,000. WestEnd Advisors LLC bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at about $23,220,000. Finally, Oakworth Capital Inc. bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at about $44,000.

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.