iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Sets New 12-Month High – Time to Buy?

Shares of iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) reached a new 52-week high on Tuesday . The company traded as high as $97.72 and last traded at $97.72, with a volume of 12676 shares. The stock had previously closed at $96.76.

iShares Core 80/20 Aggressive Allocation ETF Stock Up 0.8%

The company has a market cap of $3.12 billion, a P/E ratio of 20.50 and a beta of 0.78. The business has a 50-day moving average price of $92.48 and a two-hundred day moving average price of $91.33.

Institutional Investors Weigh In On iShares Core 80/20 Aggressive Allocation ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its holdings in iShares Core 80/20 Aggressive Allocation ETF by 1.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 9,883 shares of the company’s stock valued at $885,000 after purchasing an additional 121 shares during the last quarter. Mascoma Wealth Management LLC grew its stake in iShares Core 80/20 Aggressive Allocation ETF by 7.6% in the first quarter. Mascoma Wealth Management LLC now owns 2,044 shares of the company’s stock valued at $181,000 after acquiring an additional 145 shares during the period. Cahill Financial Advisors Inc. grew its stake in iShares Core 80/20 Aggressive Allocation ETF by 3.5% in the fourth quarter. Cahill Financial Advisors Inc. now owns 4,430 shares of the company’s stock valued at $397,000 after acquiring an additional 149 shares during the period. Nvwm LLC grew its stake in iShares Core 80/20 Aggressive Allocation ETF by 5.6% in the fourth quarter. Nvwm LLC now owns 4,251 shares of the company’s stock valued at $381,000 after acquiring an additional 227 shares during the period. Finally, IFP Advisors Inc boosted its position in shares of iShares Core 80/20 Aggressive Allocation ETF by 13.9% during the third quarter. IFP Advisors Inc now owns 1,885 shares of the company’s stock worth $166,000 after buying an additional 230 shares during the period.

About iShares Core 80/20 Aggressive Allocation ETF

iShares Aggressive Allocation ETF (the Fund), formerly iShares S&P Aggressive Allocation Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Aggressive Index (the Aggressive Allocation Index). The Aggressive Allocation Index seeks to measure the performance of an asset allocation strategy targeted to an aggressive risk profile. The Fund is designed for investors seeking long-term capital appreciation.