iShares Core Growth Allocation ETF (NYSEARCA:AOR) Sets New 1-Year High – Here’s Why

iShares Core Growth Allocation ETF (NYSEARCA:AOR) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $59.47 and last traded at $59.46, with a volume of 111006 shares trading hands. The stock had previously closed at $59.26.

iShares Core Growth Allocation ETF Stock Performance

The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 17.06 and a beta of 0.62. The company has a fifty day simple moving average of $58.61 and a 200 day simple moving average of $57.47.

Institutional Investors Weigh In On iShares Core Growth Allocation ETF

Large investors have recently added to or reduced their stakes in the business. Assetmark Inc. lifted its position in iShares Core Growth Allocation ETF by 0.4% in the 3rd quarter. Assetmark Inc. now owns 304,229 shares of the company’s stock valued at $18,023,000 after acquiring an additional 1,150 shares in the last quarter. Jane Street Group LLC boosted its holdings in iShares Core Growth Allocation ETF by 12.3% in the 1st quarter. Jane Street Group LLC now owns 75,003 shares of the company’s stock worth $4,175,000 after buying an additional 8,235 shares during the period. Weitzel Financial Services Inc. boosted its holdings in iShares Core Growth Allocation ETF by 23.6% in the 2nd quarter. Weitzel Financial Services Inc. now owns 8,620 shares of the company’s stock worth $485,000 after buying an additional 1,648 shares during the period. Stonehearth Capital Management LLC bought a new position in shares of iShares Core Growth Allocation ETF during the 3rd quarter valued at about $219,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core Growth Allocation ETF by 15.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,147 shares of the company’s stock valued at $1,360,000 after purchasing an additional 3,250 shares during the last quarter.

About iShares Core Growth Allocation ETF

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.