iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Stock Cross Below Two Hundred Day Moving Average – What’s Next?

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) shares crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $67.98 and traded as low as $67.24. iShares Core 60/40 Balanced Allocation ETF shares last traded at $67.26, with a volume of 628,711 shares.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

The company has a market capitalization of $3.85 billion, a P/E ratio of 19.83 and a beta of 0.66. The firm has a 50 day moving average price of $68.85 and a two-hundred day moving average price of $67.99.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Several institutional investors have recently bought and sold shares of AOR. Congress Asset Management Co. acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the third quarter worth $2,848,000. Worth Asset Management LLC lifted its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 7.6% during the second quarter. Worth Asset Management LLC now owns 742,669 shares of the company’s stock valued at $51,615,000 after acquiring an additional 52,693 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at $1,334,000. Nvwm LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at $620,000. Finally, WestEnd Advisors LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at $23,220,000.

iShares Core 60/40 Balanced Allocation ETF Company Profile

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.