iShares Core Moderate Allocation ETF (NYSEARCA:AOM) Sees Unusually-High Trading Volume – What’s Next?

iShares Core Moderate Allocation ETF (NYSEARCA:AOM) shares saw strong trading volume on Tuesday . 226,833 shares traded hands during mid-day trading, an increase of 73% from the previous session’s volume of 131,178 shares.The stock last traded at $43.67 and had previously closed at $43.50.

iShares Core Moderate Allocation ETF Stock Up 0.6 %

The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 16.61 and a beta of 0.47. The company’s 50-day simple moving average is $44.35 and its 200 day simple moving average is $44.00.

Hedge Funds Weigh In On iShares Core Moderate Allocation ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sanctuary Advisors LLC bought a new position in shares of iShares Core Moderate Allocation ETF in the third quarter worth about $475,000. Sunbelt Securities Inc. increased its position in shares of iShares Core Moderate Allocation ETF by 19.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,450 shares of the company’s stock valued at $111,000 after buying an additional 395 shares in the last quarter. Executive Wealth Management LLC bought a new position in shares of iShares Core Moderate Allocation ETF during the 3rd quarter valued at about $263,000. MML Investors Services LLC lifted its stake in iShares Core Moderate Allocation ETF by 2.1% in the third quarter. MML Investors Services LLC now owns 19,165 shares of the company’s stock valued at $865,000 after buying an additional 389 shares in the last quarter. Finally, Weaver Consulting Group boosted its position in shares of iShares Core Moderate Allocation ETF by 0.9% during the third quarter. Weaver Consulting Group now owns 157,866 shares of the company’s stock worth $7,121,000 after buying an additional 1,382 shares during the period.

About iShares Core Moderate Allocation ETF

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.