iShares Core Growth Allocation ETF (NYSEARCA:AOR) Sees Strong Trading Volume – Should You Buy?

iShares Core Growth Allocation ETF (NYSEARCA:AOR) saw an uptick in trading volume on Monday . 285,494 shares changed hands during trading, an increase of 42% from the previous session’s volume of 201,459 shares.The stock last traded at $57.36 and had previously closed at $57.49.

iShares Core Growth Allocation ETF Stock Up 0.0 %

The company has a 50 day simple moving average of $58.65 and a 200 day simple moving average of $57.76. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 17.06 and a beta of 0.62.

Institutional Investors Weigh In On iShares Core Growth Allocation ETF

Several large investors have recently made changes to their positions in AOR. International Assets Investment Management LLC lifted its position in iShares Core Growth Allocation ETF by 5,281.4% during the 3rd quarter. International Assets Investment Management LLC now owns 246,792 shares of the company’s stock worth $14,620,000 after acquiring an additional 242,206 shares in the last quarter. Jim Saulnier & Associates LLC purchased a new position in shares of iShares Core Growth Allocation ETF in the third quarter valued at $10,984,000. Foundations Investment Advisors LLC boosted its stake in shares of iShares Core Growth Allocation ETF by 1,454.3% in the second quarter. Foundations Investment Advisors LLC now owns 179,953 shares of the company’s stock valued at $10,135,000 after purchasing an additional 168,375 shares during the period. One Capital Management LLC acquired a new stake in iShares Core Growth Allocation ETF during the 2nd quarter valued at $9,129,000. Finally, Elevation Capital Advisory LLC purchased a new stake in iShares Core Growth Allocation ETF during the 2nd quarter worth $5,630,000.

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.