HUB Investment Partners LLC Takes $366,000 Position in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)

HUB Investment Partners LLC bought a new position in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,383 shares of the company’s stock, valued at approximately $366,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 102.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 687,060 shares of the company’s stock worth $40,701,000 after purchasing an additional 33,649,765 shares during the period. Raymond James Financial Inc. purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $61,492,000. Richard Bernstein Advisors LLC lifted its position in iShares Core 60/40 Balanced Allocation ETF by 573.6% during the fourth quarter. Richard Bernstein Advisors LLC now owns 654,691 shares of the company’s stock valued at $37,527,000 after buying an additional 557,502 shares in the last quarter. Centerline Wealth Advisors LLC purchased a new stake in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth approximately $14,673,000. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares Core 60/40 Balanced Allocation ETF by 943.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 272,742 shares of the company’s stock worth $15,634,000 after acquiring an additional 246,613 shares in the last quarter.

iShares Core 60/40 Balanced Allocation ETF Trading Down 0.1 %

NYSEARCA:AOR opened at $58.04 on Friday. The firm’s fifty day simple moving average is $58.35 and its 200 day simple moving average is $58.38. iShares Core 60/40 Balanced Allocation ETF has a twelve month low of $53.25 and a twelve month high of $59.77. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 20.26 and a beta of 0.65.

iShares Core 60/40 Balanced Allocation ETF 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.