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

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

iShares Core Aggressive Allocation ETF Trading Up 0.6 %

The stock has a fifty day moving average of $78.29 and a 200-day moving average of $76.30. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 17.85 and a beta of 0.78.

Hedge Funds Weigh In On iShares Core Aggressive Allocation ETF

Institutional investors have recently bought and sold shares of the stock. Archford Capital Strategies LLC raised its stake in iShares Core Aggressive Allocation ETF by 3.6% during the 2nd quarter. Archford Capital Strategies LLC now owns 30,389 shares of the company’s stock valued at $2,272,000 after purchasing an additional 1,068 shares during the period. Strategic Advocates LLC raised its position in iShares Core Aggressive Allocation ETF by 6.5% during the third quarter. Strategic Advocates LLC now owns 25,475 shares of the company’s stock valued at $2,010,000 after buying an additional 1,556 shares during the period. AdvisorNet Financial Inc lifted its stake in iShares Core Aggressive Allocation ETF by 2.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 11,551 shares of the company’s stock worth $864,000 after acquiring an additional 225 shares in the last quarter. IFG Advisory LLC purchased a new position in iShares Core Aggressive Allocation ETF during the 2nd quarter valued at about $471,000. Finally, RFP Financial Group LLC grew its stake in iShares Core Aggressive Allocation ETF by 9.7% during the 3rd quarter. RFP Financial Group LLC now owns 5,716 shares of the company’s stock valued at $451,000 after acquiring an additional 506 shares in the last quarter.

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.