Bell Investment Advisors Inc Trims Stake in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)

Bell Investment Advisors Inc reduced its stake in shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 132,955 shares of the company’s stock after selling 3,690 shares during the quarter. iShares Core 60/40 Balanced Allocation ETF accounts for 1.4% of Bell Investment Advisors Inc’s holdings, making the stock its 16th largest position. Bell Investment Advisors Inc owned approximately 0.37% of iShares Core 60/40 Balanced Allocation ETF worth $7,621,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Midwest Capital Advisors LLC purchased a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter valued at approximately $29,000. Hobbs Group Advisors LLC acquired a new stake in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at approximately $32,000. Synergy Asset Management LLC acquired a new stake in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $37,000. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $39,000. Finally, Sound Income Strategies LLC acquired a new stake in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $49,000.

iShares Core 60/40 Balanced Allocation ETF Trading Up 0.8 %

Shares of AOR opened at $58.51 on Monday. iShares Core 60/40 Balanced Allocation ETF has a 12 month low of $53.25 and a 12 month high of $59.77. The stock’s 50 day moving average is $58.26 and its two-hundred day moving average is $58.41. The firm has a market cap of $2.25 billion, a P/E ratio of 21.34 and a beta of 0.64.

About iShares Core 60/40 Balanced Allocation ETF

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.