iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Hits New 52-Week High – Time to Buy?
by Renee Jackson · The Cerbat GemiShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA – Get Free Report) reached a new 52-week high on Friday . The company traded as high as $94.53 and last traded at $94.41, with a volume of 9244 shares. The stock had previously closed at $93.44.
iShares Core 80/20 Aggressive Allocation ETF Stock Up 1.4%
The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 20.50 and a beta of 0.78. The stock has a fifty day moving average price of $90.92 and a two-hundred day moving average price of $90.11.
Institutional Investors Weigh In On iShares Core 80/20 Aggressive Allocation ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Worth Asset Management LLC purchased a new stake in shares of iShares Core 80/20 Aggressive Allocation ETF in the third quarter valued at $1,942,000. JPMorgan Chase & Co. grew its position in iShares Core 80/20 Aggressive Allocation ETF by 26.4% during the third quarter. JPMorgan Chase & Co. now owns 59,420 shares of the company’s stock valued at $5,237,000 after acquiring an additional 12,409 shares during the period. Harbor Investment Advisory LLC grew its position in iShares Core 80/20 Aggressive Allocation ETF by 39.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 1,613 shares of the company’s stock valued at $144,000 after acquiring an additional 453 shares during the period. Strategic Advocates LLC grew its position in iShares Core 80/20 Aggressive Allocation ETF by 2.5% during the third quarter. Strategic Advocates LLC now owns 25,207 shares of the company’s stock valued at $2,222,000 after acquiring an additional 625 shares during the period. Finally, Mosley Wealth Management purchased a new stake in iShares Core 80/20 Aggressive Allocation ETF during the fourth quarter valued at about $284,000.
About iShares Core 80/20 Aggressive Allocation ETF
iShares Aggressive Allocation ETF (the Fund), formerly iShares S&P Aggressive Allocation Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Aggressive Index (the Aggressive Allocation Index). The Aggressive Allocation Index seeks to measure the performance of an asset allocation strategy targeted to an aggressive risk profile. The Fund is designed for investors seeking long-term capital appreciation.