iShares Core Growth Allocation ETF (NYSEARCA:AOR) Reaches New 52-Week High – Time to Buy?

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

iShares Core Growth Allocation ETF Price Performance

The firm has a market cap of $2.16 billion, a PE ratio of 17.06 and a beta of 0.62. The business’s 50 day moving average price is $58.61 and its 200 day moving average price is $57.47.

Hedge Funds Weigh In On iShares Core Growth Allocation ETF

A number of institutional investors and hedge funds have recently bought and sold shares of AOR. Concurrent Investment Advisors LLC increased its position in shares of iShares Core Growth Allocation ETF by 2.2% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 8,692 shares of the company’s stock valued at $515,000 after purchasing an additional 188 shares during the last quarter. Prospera Financial Services Inc boosted its holdings in shares of iShares Core Growth Allocation ETF by 2.0% in the third quarter. Prospera Financial Services Inc now owns 10,013 shares of the company’s stock valued at $593,000 after acquiring an additional 196 shares in the last quarter. Ausdal Financial Partners Inc. lifted its stake in shares of iShares Core Growth Allocation ETF by 4.2% in the second quarter. Ausdal Financial Partners Inc. now owns 5,169 shares of the company’s stock valued at $291,000 after purchasing an additional 210 shares during the period. New Capital Management LP lifted its stake in shares of iShares Core Growth Allocation ETF by 2.4% in the third quarter. New Capital Management LP now owns 9,146 shares of the company’s stock valued at $542,000 after purchasing an additional 210 shares during the period. Finally, Tempus Wealth Planning LLC lifted its stake in shares of iShares Core Growth Allocation ETF by 1.7% in the third quarter. Tempus Wealth Planning LLC now owns 12,769 shares of the company’s stock valued at $756,000 after purchasing an additional 213 shares during the period.

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.