Bank of New York Mellon Corp Has $3.24 Million Stake in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR)

Bank of New York Mellon Corp reduced its stake in shares of iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) by 57.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 56,243 shares of the company’s stock after selling 74,621 shares during the period. Bank of New York Mellon Corp owned 0.14% of iShares Core 60/40 Balanced Allocation ETF worth $3,238,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Continuum Advisory LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at $36,000. Columbia River Financial Group LLC bought a new position in iShares Core 60/40 Balanced Allocation ETF during the first quarter worth $45,000. Redwood Park Advisors LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at $46,000. Transce3nd LLC bought a new stake in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter valued at $55,000. Finally, TD Waterhouse Canada Inc. boosted its position in iShares Core 60/40 Balanced Allocation ETF by 164.2% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,609 shares of the company’s stock valued at $92,000 after acquiring an additional 1,000 shares during the last quarter.

iShares Core 60/40 Balanced Allocation ETF Trading Up 0.2%

Shares of iShares Core 60/40 Balanced Allocation ETF stock opened at $62.06 on Friday. The business has a 50-day moving average price of $60.55 and a two-hundred day moving average price of $58.69. iShares Core 60/40 Balanced Allocation ETF has a 1-year low of $52.97 and a 1-year high of $62.07. The company has a market cap of $2.58 billion, a P/E ratio of 19.83 and a beta of 0.61.

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.