Axxcess Wealth Management LLC Buys 48,338 Shares of iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM)

Axxcess Wealth Management LLC grew its stake in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) by 647.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,802 shares of the company’s stock after purchasing an additional 48,338 shares during the quarter. Axxcess Wealth Management LLC owned approximately 0.17% of iShares Core 40/60 Moderate Allocation ETF worth $2,424,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in iShares Core 40/60 Moderate Allocation ETF during the fourth quarter worth $31,933,000. Foundations Investment Advisors LLC lifted its holdings in iShares Core 40/60 Moderate Allocation ETF by 17.4% during the fourth quarter. Foundations Investment Advisors LLC now owns 356,996 shares of the company’s stock worth $15,508,000 after acquiring an additional 52,973 shares during the period. Focus Financial Network Inc. lifted its holdings in iShares Core 40/60 Moderate Allocation ETF by 12.7% during the fourth quarter. Focus Financial Network Inc. now owns 189,506 shares of the company’s stock worth $8,232,000 after acquiring an additional 21,404 shares during the period. Weaver Consulting Group lifted its holdings in iShares Core 40/60 Moderate Allocation ETF by 1.4% during the fourth quarter. Weaver Consulting Group now owns 160,104 shares of the company’s stock worth $6,955,000 after acquiring an additional 2,238 shares during the period. Finally, Investment Advisory Group LLC lifted its holdings in iShares Core 40/60 Moderate Allocation ETF by 3.0% during the fourth quarter. Investment Advisory Group LLC now owns 134,314 shares of the company’s stock worth $5,835,000 after acquiring an additional 3,934 shares during the period.

iShares Core 40/60 Moderate Allocation ETF Trading Up 0.6 %

Shares of iShares Core 40/60 Moderate Allocation ETF stock opened at $44.18 on Thursday. The business’s fifty day simple moving average is $44.06 and its 200 day simple moving average is $44.25. The firm has a market capitalization of $1.44 billion, a P/E ratio of 20.56 and a beta of 0.50. iShares Core 40/60 Moderate Allocation ETF has a 12 month low of $41.10 and a 12 month high of $45.31.

iShares Core 40/60 Moderate Allocation ETF Profile

iShares Moderate Allocation ETF, formerly iShares S&P Moderate Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Moderate Index (the Moderate Allocation Index). The Moderate Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a moderate risk profile.