Sovereign Financial Group Inc. Grows Position in iShares Core Moderate Allocation ETF (NYSEARCA:AOM)

Sovereign Financial Group Inc. raised its stake in shares of iShares Core Moderate Allocation ETF (NYSEARCA:AOM) by 8.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 20,212 shares of the company’s stock after purchasing an additional 1,499 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares Core Moderate Allocation ETF were worth $878,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares Core Moderate Allocation ETF during the 2nd quarter worth $29,000. J.W. Cole Advisors Inc. grew its position in iShares Core Moderate Allocation ETF by 3.6% during the second quarter. J.W. Cole Advisors Inc. now owns 14,566 shares of the company’s stock valued at $626,000 after acquiring an additional 501 shares during the period. AE Wealth Management LLC grew its position in iShares Core Moderate Allocation ETF by 4.3% during the second quarter. AE Wealth Management LLC now owns 17,206 shares of the company’s stock valued at $740,000 after acquiring an additional 708 shares during the period. Insigneo Advisory Services LLC acquired a new stake in iShares Core Moderate Allocation ETF during the second quarter worth about $1,156,000. Finally, NewEdge Advisors LLC raised its holdings in shares of iShares Core Moderate Allocation ETF by 310.7% in the 2nd quarter. NewEdge Advisors LLC now owns 23,733 shares of the company’s stock worth $1,021,000 after purchasing an additional 17,954 shares during the period.

iShares Core Moderate Allocation ETF Price Performance

NYSEARCA AOM opened at $43.02 on Wednesday. iShares Core Moderate Allocation ETF has a 1-year low of $40.75 and a 1-year high of $45.31. The firm has a market capitalization of $1.40 billion, a P/E ratio of 16.61 and a beta of 0.47. The business’s 50-day simple moving average is $44.11 and its 200-day simple moving average is $44.04.

iShares Core Moderate Allocation ETF Profile

iShares Moderate Allocation ETF, formerly iShares S&P Moderate Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Moderate Index (the Moderate Allocation Index). The Moderate Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a moderate risk profile.