Founders Financial Alliance LLC Has $85,000 Position in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM)

Founders Financial Alliance LLC lessened its holdings in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) by 34.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,961 shares of the company’s stock after selling 1,034 shares during the period. Founders Financial Alliance LLC’s holdings in iShares Core 40/60 Moderate Allocation ETF were worth $85,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of AOM. Raymond James Financial Inc. acquired a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the fourth quarter worth $31,933,000. Janney Montgomery Scott LLC acquired a new position in iShares Core 40/60 Moderate Allocation ETF during the 4th quarter worth $4,972,000. Retireful LLC acquired a new position in shares of iShares Core 40/60 Moderate Allocation ETF during the 4th quarter worth about $4,380,000. Foundations Investment Advisors LLC boosted its position in shares of iShares Core 40/60 Moderate Allocation ETF by 17.4% in the fourth quarter. Foundations Investment Advisors LLC now owns 356,996 shares of the company’s stock valued at $15,508,000 after acquiring an additional 52,973 shares during the period. Finally, Ameritas Advisory Services LLC boosted its holdings in iShares Core 40/60 Moderate Allocation ETF by 68.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 112,588 shares of the company’s stock valued at $4,891,000 after purchasing an additional 45,564 shares during the period.

iShares Core 40/60 Moderate Allocation ETF Stock Down 0.3 %

Shares of AOM opened at $43.58 on Wednesday. The stock’s 50-day moving average price is $44.01 and its 200 day moving average price is $44.27. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 21.42 and a beta of 0.49. iShares Core 40/60 Moderate Allocation ETF has a 12-month low of $41.10 and a 12-month high of $45.31.

About iShares Core 40/60 Moderate Allocation ETF

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.