iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) Reaches New 1-Year High – Should You Buy?

iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $79.38 and last traded at $79.37, with a volume of 40622 shares traded. The stock had previously closed at $78.84.

iShares Core Aggressive Allocation ETF Stock Up 0.6 %

The firm’s 50 day simple moving average is $78.26 and its 200-day simple moving average is $76.24. The company has a market capitalization of $2.04 billion, a PE ratio of 17.85 and a beta of 0.78.

Institutional Investors Weigh In On iShares Core Aggressive Allocation ETF

Several institutional investors have recently bought and sold shares of the business. Nvwm LLC lifted its position in shares of iShares Core Aggressive Allocation ETF by 6.7% during the third quarter. Nvwm LLC now owns 2,933 shares of the company’s stock worth $231,000 after purchasing an additional 183 shares in the last quarter. Continuum Advisory LLC lifted its position in shares of iShares Core Aggressive Allocation ETF by 42.2% during the third quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock worth $50,000 after purchasing an additional 190 shares in the last quarter. AdvisorNet Financial Inc lifted its position in shares of iShares Core Aggressive Allocation ETF by 2.0% during the second quarter. AdvisorNet Financial Inc now owns 11,551 shares of the company’s stock worth $864,000 after purchasing an additional 225 shares in the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of iShares Core Aggressive Allocation ETF during the third quarter worth $28,000. Finally, Eastern Bank acquired a new position in shares of iShares Core Aggressive Allocation ETF during the third quarter worth $34,000.

iShares Core Aggressive Allocation ETF Company Profile

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.