iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) saw strong trading volume on Thursday . 87,010 shares changed hands during mid-day trading, a decline of 8% from the previous session’s volume of 94,619 shares.The stock last traded at $76.93 and had previously closed at $76.61.

iShares Core Aggressive Allocation ETF Price Performance

The firm has a fifty day simple moving average of $78.23 and a 200 day simple moving average of $77.00. The company has a market cap of $1.98 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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares Core Aggressive Allocation ETF by 5.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 40,490 shares of the company’s stock valued at $3,195,000 after buying an additional 1,966 shares in the last quarter. Strategic Advocates LLC boosted its stake in shares of iShares Core Aggressive Allocation ETF by 6.5% in the 3rd quarter. Strategic Advocates LLC now owns 25,475 shares of the company’s stock valued at $2,010,000 after purchasing an additional 1,556 shares in the last quarter. RFP Financial Group LLC lifted its holdings 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 purchasing an additional 506 shares during the last quarter. Arbor Investment Advisors LLC boosted its position in iShares Core Aggressive Allocation ETF by 13.4% in the third quarter. Arbor Investment Advisors LLC now owns 5,080 shares of the company’s stock valued at $401,000 after buying an additional 600 shares in the last quarter. Finally, Weitzel Financial Services Inc. grew its stake in iShares Core Aggressive Allocation ETF by 17.8% during the second quarter. Weitzel Financial Services Inc. now owns 3,374 shares of the company’s stock worth $252,000 after buying an additional 510 shares during the last quarter.

iShares Core 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.