Financial Advocates Investment Management Sells 40,124 Shares of iShares Core Moderate Allocation ETF (NYSEARCA:AOM)

Financial Advocates Investment Management lowered its stake in shares of iShares Core Moderate Allocation ETF (NYSEARCA:AOMFree Report) by 41.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,655 shares of the company’s stock after selling 40,124 shares during the period. Financial Advocates Investment Management owned 0.17% of iShares Core Moderate Allocation ETF worth $2,360,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Sigma Planning Corp raised its stake in iShares Core Moderate Allocation ETF by 2.2% in the 4th quarter. Sigma Planning Corp now owns 13,366 shares of the company’s stock valued at $555,000 after acquiring an additional 283 shares during the period. Stratos Wealth Partners LTD. lifted its position in iShares Core Moderate Allocation ETF by 2.8% during the fourth quarter. Stratos Wealth Partners LTD. now owns 10,983 shares of the company’s stock worth $456,000 after acquiring an additional 302 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of iShares Core Moderate Allocation ETF by 29.2% during the third quarter. PNC Financial Services Group Inc. now owns 1,404 shares of the company’s stock worth $55,000 after acquiring an additional 317 shares during the period. RFG Advisory LLC boosted its holdings in shares of iShares Core Moderate Allocation ETF by 4.6% during the fourth quarter. RFG Advisory LLC now owns 9,108 shares of the company’s stock worth $378,000 after acquiring an additional 401 shares during the period. Finally, Avantax Advisory Services Inc. grew its position in shares of iShares Core Moderate Allocation ETF by 2.0% in the third quarter. Avantax Advisory Services Inc. now owns 21,953 shares of the company’s stock valued at $855,000 after purchasing an additional 426 shares during the last quarter.

iShares Core Moderate Allocation ETF Stock Performance

NYSEARCA:AOM traded down $0.01 during mid-day trading on Friday, hitting $42.77. 116,029 shares of the stock were exchanged, compared to its average volume of 148,692. The firm’s 50-day simple moving average is $42.12 and its 200 day simple moving average is $41.37. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 16.61 and a beta of 0.47. iShares Core Moderate Allocation ETF has a fifty-two week low of $37.72 and a fifty-two week high of $42.88.

iShares Core Moderate Allocation ETF Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding AOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Moderate Allocation ETF (NYSEARCA:AOMFree Report).

Institutional Ownership by Quarter for iShares Core Moderate Allocation ETF (NYSEARCA:AOM)

Receive News & Ratings for iShares Core Moderate Allocation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core Moderate Allocation ETF and related companies with MarketBeat.com's FREE daily email newsletter.