iShares Core Growth Allocation ETF (NYSEARCA:AOR) Sees Unusually-High Trading Volume – Should You Buy?

iShares Core Growth Allocation ETF (NYSEARCA:AOR) shares saw unusually-high trading volume on Tuesday . Approximately 536,213 shares were traded during trading, an increase of 153% from the previous session’s volume of 211,725 shares.The stock last traded at $57.31 and had previously closed at $57.32.

iShares Core Growth Allocation ETF Price Performance

The firm has a market cap of $2.07 billion, a P/E ratio of 17.06 and a beta of 0.62. The company has a fifty day moving average of $58.52 and a 200-day moving average of $57.83.

Institutional Trading of iShares Core Growth Allocation ETF

Large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in shares of iShares Core Growth Allocation ETF by 102.1% in the third quarter. JPMorgan Chase & Co. now owns 687,060 shares of the company’s stock valued at $40,701,000 after buying an additional 33,649,765 shares during the period. World Investment Advisors LLC lifted its holdings in iShares Core Growth Allocation ETF by 108.3% during the third quarter. World Investment Advisors LLC now owns 8,911 shares of the company’s stock valued at $528,000 after purchasing an additional 4,634 shares during the last quarter. Sanctuary Advisors LLC boosted its position in iShares Core Growth Allocation ETF by 162.0% during the third quarter. Sanctuary Advisors LLC now owns 28,841 shares of the company’s stock worth $1,689,000 after purchasing an additional 17,832 shares during the period. Hobbs Group Advisors LLC purchased a new position in shares of iShares Core Growth Allocation ETF in the third quarter worth about $32,000. Finally, Executive Wealth Management LLC bought a new stake in shares of iShares Core Growth Allocation ETF in the third quarter valued at approximately $626,000.

About iShares Core Growth 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.