iShares Core Growth Allocation ETF (NYSEARCA:AOR) Sees Large Volume Increase

Shares of iShares Core Growth Allocation ETF (NYSEARCA:AOR) saw unusually-strong trading volume on Monday . Approximately 387,405 shares traded hands during trading, an increase of 50% from the previous session’s volume of 258,417 shares.The stock last traded at $54.22 and had previously closed at $54.24.

iShares Core Growth Allocation ETF Price Performance

The stock has a fifty day moving average price of $54.64 and a two-hundred day moving average price of $52.44. The company has a market cap of $1.97 billion, a P/E ratio of 17.21 and a beta of 0.62.

Institutional Investors Weigh In On iShares Core Growth Allocation ETF

Hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN raised its holdings in iShares Core Growth Allocation ETF by 270.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,404,813 shares of the company’s stock worth $127,912,000 after purchasing an additional 1,754,989 shares in the last quarter. BlackRock Inc. raised its holdings in iShares Core Growth Allocation ETF by 0.7% during the second quarter. BlackRock Inc. now owns 1,544,196 shares of the company’s stock worth $79,449,000 after purchasing an additional 11,252 shares in the last quarter. Global Assets Advisory LLC raised its holdings in iShares Core Growth Allocation ETF by 5,662.8% during the first quarter. Global Assets Advisory LLC now owns 1,191,466 shares of the company’s stock worth $66,329,000 after purchasing an additional 1,170,791 shares in the last quarter. Morgan Stanley raised its holdings in iShares Core Growth Allocation ETF by 161.0% during the fourth quarter. Morgan Stanley now owns 1,056,386 shares of the company’s stock worth $49,819,000 after purchasing an additional 651,690 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in iShares Core Growth Allocation ETF by 853.6% during the fourth quarter. Raymond James & Associates now owns 1,047,880 shares of the company’s stock worth $55,737,000 after purchasing an additional 937,988 shares in the last quarter.

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.