iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Reaches New 52-Week High – Still a Buy?

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $98.68 and last traded at $98.67, with a volume of 74967 shares trading hands. The stock had previously closed at $97.60.

iShares Core 80/20 Aggressive Allocation ETF Price Performance

The firm has a market capitalization of $3.27 billion, a price-to-earnings ratio of 20.50 and a beta of 0.78. The firm’s 50-day simple moving average is $97.05 and its 200 day simple moving average is $93.96.

Hedge Funds Weigh In On iShares Core 80/20 Aggressive Allocation ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp lifted its position in shares of iShares Core 80/20 Aggressive Allocation ETF by 765.5% during the 1st quarter. Jones Financial Companies Lllp now owns 8,915 shares of the company’s stock worth $682,000 after buying an additional 7,885 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Core 80/20 Aggressive Allocation ETF by 17.3% during the second quarter. JPMorgan Chase & Co. now owns 47,011 shares of the company’s stock worth $3,921,000 after acquiring an additional 6,945 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares Core 80/20 Aggressive Allocation ETF by 14.1% during the second quarter. Ameriprise Financial Inc. now owns 27,467 shares of the company’s stock worth $2,291,000 after acquiring an additional 3,390 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 9.8% in the third quarter. Integrated Wealth Concepts LLC now owns 10,070 shares of the company’s stock worth $888,000 after acquiring an additional 895 shares during the last quarter. Finally, Nvwm LLC lifted its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 5.6% in the fourth quarter. Nvwm LLC now owns 4,251 shares of the company’s stock worth $381,000 after acquiring an additional 227 shares during the last quarter.

iShares Core 80/20 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. The Fund is designed for investors seeking long-term capital appreciation.