Congress Asset Management Co. Buys Shares of 12,293 iShares Core Moderate Allocation ETF (NYSEARCA:AOM)

Congress Asset Management Co. purchased a new position in shares of iShares Core Moderate Allocation ETF (NYSEARCA:AOM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 12,293 shares of the company’s stock, valued at approximately $534,000.

Several other hedge funds have also made changes to their positions in the stock. Patton Albertson Miller Group LLC lifted its position in iShares Core Moderate Allocation ETF by 4.2% in the 3rd quarter. Patton Albertson Miller Group LLC now owns 41,822 shares of the company’s stock valued at $1,887,000 after purchasing an additional 1,693 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in shares of iShares Core Moderate Allocation ETF by 19.2% during the third quarter. Sunbelt Securities Inc. now owns 2,450 shares of the company’s stock valued at $111,000 after buying an additional 395 shares during the last quarter. Claro Advisors LLC boosted its position in shares of iShares Core Moderate Allocation ETF by 10.6% during the fourth quarter. Claro Advisors LLC now owns 6,250 shares of the company’s stock worth $272,000 after buying an additional 600 shares during the period. Creative Planning bought a new position in iShares Core Moderate Allocation ETF in the 3rd quarter worth approximately $311,000. Finally, Jim Saulnier & Associates LLC acquired a new stake in iShares Core Moderate Allocation ETF in the 3rd quarter valued at approximately $1,246,000.

iShares Core Moderate Allocation ETF Price Performance

Shares of iShares Core Moderate Allocation ETF stock opened at $44.58 on Wednesday. iShares Core Moderate Allocation ETF has a 1-year low of $41.10 and a 1-year high of $45.31. The company has a market capitalization of $1.45 billion, a P/E ratio of 16.61 and a beta of 0.47. The business’s fifty day moving average price is $43.93 and its two-hundred day moving average price is $44.18.

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.