iShares Core Growth Allocation ETF (NYSEARCA:AOR) Reaches New 52-Week High – Still a Buy?

iShares Core Growth Allocation ETF (NYSEARCA:AOR)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $59.47 and last traded at $59.46, with a volume of 111006 shares. The stock had previously closed at $59.26.

iShares Core Growth Allocation ETF Stock Performance

The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 17.06 and a beta of 0.62. The business has a fifty day moving average of $58.63 and a two-hundred day moving average of $57.49.

Institutional Trading of iShares Core Growth Allocation ETF

Large investors have recently modified their holdings of the stock. Tsfg LLC lifted its position in shares of iShares Core Growth Allocation ETF by 84.9% during the 2nd quarter. Tsfg LLC now owns 490 shares of the company’s stock worth $28,000 after buying an additional 225 shares during the last quarter. IAG Wealth Partners LLC acquired a new stake in iShares Core Growth Allocation ETF during the second quarter worth approximately $28,000. Hobbs Group Advisors LLC acquired a new stake in iShares Core Growth Allocation ETF during the third quarter worth approximately $32,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in iShares Core Growth Allocation ETF during the third quarter worth approximately $33,000. Finally, Highline Wealth Partners LLC acquired a new stake in iShares Core Growth Allocation ETF during the third quarter worth approximately $41,000.

iShares Core Growth 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.