Raymond James Financial Inc. Acquires New Shares in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)

Raymond James Financial Inc. acquired a new stake in shares of 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 (SEC). The firm acquired 1,072,776 shares of the company’s stock, valued at approximately $61,492,000. Raymond James Financial Inc. owned about 2.96% of iShares Core 60/40 Balanced Allocation ETF at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Midwest Capital Advisors LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the fourth quarter valued at $29,000. Hobbs Group Advisors LLC bought a new position in iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at about $32,000. Synergy Asset Management LLC bought a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at about $37,000. Comprehensive Financial Planning Inc. PA bought a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at about $39,000. Finally, Sound Income Strategies LLC bought a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at about $49,000.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

AOR stock opened at $57.69 on Tuesday. iShares Core 60/40 Balanced Allocation ETF has a fifty-two week low of $53.25 and a fifty-two week high of $59.77. The business’s 50-day moving average is $58.27 and its two-hundred day moving average is $58.41. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 21.34 and a beta of 0.64.

iShares Core 60/40 Balanced 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.