iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Sees Strong Trading Volume – Here’s What Happened

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOMGet Free Report) saw an uptick in trading volume on Monday . 246,281 shares changed hands during mid-day trading, an increase of 84% from the previous session’s volume of 133,610 shares.The stock last traded at $41.95 and had previously closed at $42.33.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 20.52 and a beta of 0.50. The business’s 50 day moving average price is $44.12 and its 200 day moving average price is $44.20.

Hedge Funds Weigh In On iShares Core 40/60 Moderate Allocation ETF

A number of large investors have recently bought and sold shares of AOM. Bellwether Advisors LLC purchased a new stake in iShares Core 40/60 Moderate Allocation ETF during the 4th quarter worth approximately $31,000. Assetmark Inc. boosted its stake in iShares Core 40/60 Moderate Allocation ETF by 118.6% during the fourth quarter. Assetmark Inc. now owns 765 shares of the company’s stock worth $33,000 after buying an additional 415 shares during the last quarter. Runnymede Capital Advisors Inc. purchased a new stake in iShares Core 40/60 Moderate Allocation ETF in the 4th quarter valued at $39,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the 4th quarter worth $51,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 551.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,172 shares of the company’s stock worth $51,000 after acquiring an additional 992 shares during the period.

iShares Core 40/60 Moderate Allocation ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for iShares Core 40/60 Moderate Allocation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core 40/60 Moderate Allocation ETF and related companies with MarketBeat.com's FREE daily email newsletter.