Truist Financial Corp Decreases Holdings in iShares Core Moderate Allocation ETF (NYSEARCA:AOM)

Truist Financial Corp trimmed its holdings in shares of iShares Core Moderate Allocation ETF (NYSEARCA:AOM) by 21.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 112,333 shares of the company’s stock after selling 30,549 shares during the period. Truist Financial Corp owned 0.33% of iShares Core Moderate Allocation ETF worth $4,539,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc boosted its position in iShares Core Moderate Allocation ETF by 102.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 897 shares of the company’s stock worth $36,000 after purchasing an additional 453 shares during the period. Almanack Investment Partners LLC. acquired a new position in iShares Core Moderate Allocation ETF in the 3rd quarter worth $51,000. JNBA Financial Advisors lifted its holdings in iShares Core Moderate Allocation ETF by 31.2% in the 1st quarter. JNBA Financial Advisors now owns 1,604 shares of the company’s stock worth $64,000 after buying an additional 381 shares in the last quarter. Ahrens Investment Partners LLC acquired a new position in iShares Core Moderate Allocation ETF in the 1st quarter worth $75,000. Finally, JPMorgan Chase & Co. lifted its holdings in iShares Core Moderate Allocation ETF by 34.6% in the 4th quarter. JPMorgan Chase & Co. now owns 2,006 shares of the company’s stock worth $77,000 after buying an additional 516 shares in the last quarter.

iShares Core Moderate Allocation ETF Price Performance

Shares of AOM stock opened at $37.83 on Monday. iShares Core Moderate Allocation ETF has a 12 month low of $36.46 and a 12 month high of $40.88. The firm has a market capitalization of $1.24 billion, a P/E ratio of 14.10 and a beta of 0.45. The company’s fifty day moving average price is $39.14 and its two-hundred day moving average price is $39.74.

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.