iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) Sees Strong Trading Volume – Still a Buy?

iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) saw an uptick in trading volume on Thursday . 87,010 shares changed hands during trading, a decline of 8% from the previous session’s volume of 94,619 shares.The stock last traded at $76.93 and had previously closed at $76.61.

iShares Core Aggressive Allocation ETF Price Performance

The firm’s 50 day moving average is $78.28 and its 200 day moving average is $76.99. The company has a market cap of $1.97 billion, a PE ratio of 17.85 and a beta of 0.78.

Institutional Investors Weigh In On iShares Core Aggressive Allocation ETF

Several hedge funds have recently bought and sold shares of the stock. Strategic Blueprint LLC bought a new position in shares of iShares Core Aggressive Allocation ETF during the 3rd quarter valued at $264,000. Strategic Advocates LLC grew its position in shares of iShares Core Aggressive Allocation ETF by 6.5% in the 3rd quarter. Strategic Advocates LLC now owns 25,475 shares of the company’s stock worth $2,010,000 after buying an additional 1,556 shares during the last quarter. Weitzel Financial Services Inc. lifted its stake in iShares Core Aggressive Allocation ETF by 17.8% in the second quarter. Weitzel Financial Services Inc. now owns 3,374 shares of the company’s stock worth $252,000 after acquiring an additional 510 shares during the period. Nvwm LLC raised its holdings in iShares Core Aggressive Allocation ETF by 6.7% in the 3rd quarter. Nvwm LLC now owns 2,933 shares of the company’s stock worth $231,000 after purchasing an additional 183 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in iShares Core Aggressive Allocation ETF during the 3rd quarter valued at approximately $28,000.

About iShares Core 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.