LPL Financial LLC Raises Stock Position in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM)

LPL Financial LLC lifted its holdings in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 949,981 shares of the company’s stock after acquiring an additional 11,282 shares during the period. LPL Financial LLC owned 2.93% of iShares Core 40/60 Moderate Allocation ETF worth $41,267,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Runnymede Capital Advisors Inc. purchased a new stake in iShares Core 40/60 Moderate Allocation ETF during the fourth quarter valued at approximately $39,000. HUB Investment Partners LLC raised its holdings in iShares Core 40/60 Moderate Allocation ETF by 9.6% during the 4th quarter. HUB Investment Partners LLC now owns 254,693 shares of the company’s stock valued at $11,064,000 after buying an additional 22,257 shares during the period. Taylor Financial Group Inc. lifted its position in iShares Core 40/60 Moderate Allocation ETF by 6.3% in the fourth quarter. Taylor Financial Group Inc. now owns 54,452 shares of the company’s stock worth $2,365,000 after buying an additional 3,205 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in iShares Core 40/60 Moderate Allocation ETF by 647.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 55,802 shares of the company’s stock worth $2,424,000 after buying an additional 48,338 shares during the period. Finally, GWN Securities Inc. bought a new position in iShares Core 40/60 Moderate Allocation ETF during the fourth quarter valued at $371,000.

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

Shares of AOM opened at $43.82 on Friday. iShares Core 40/60 Moderate Allocation ETF has a twelve month low of $41.10 and a twelve month high of $45.31. The company’s fifty day simple moving average is $44.17 and its 200-day simple moving average is $44.24. The company has a market cap of $1.43 billion, a P/E ratio of 20.56 and a beta of 0.50.

iShares Core 40/60 Moderate Allocation ETF Profile

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.