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

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

iShares Core Aggressive Allocation ETF Stock Up 0.6 %

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

Institutional Investors Weigh In On iShares Core Aggressive Allocation ETF

A number of institutional investors have recently bought and sold shares of the stock. Nvwm LLC grew its holdings in iShares Core Aggressive Allocation ETF by 6.7% in the third quarter. Nvwm LLC now owns 2,933 shares of the company’s stock valued at $231,000 after purchasing an additional 183 shares during the period. Continuum Advisory LLC grew its holdings in iShares Core Aggressive Allocation ETF by 42.2% in the third quarter. Continuum Advisory LLC now owns 640 shares of the company’s stock valued at $50,000 after purchasing an additional 190 shares during the period. AdvisorNet Financial Inc grew its stake in 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 buying an additional 225 shares during the period. Whittier Trust Co. of Nevada Inc. purchased a new stake in iShares Core Aggressive Allocation ETF during the third quarter worth approximately $28,000. Finally, Eastern Bank purchased a new stake in iShares Core Aggressive Allocation ETF during the third quarter worth approximately $34,000.

About iShares Core Aggressive Allocation ETF

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.