iShares Core Growth Allocation ETF (NYSEARCA:AOR) Sees Large Volume Increase – Time to Buy?

Shares of iShares Core Growth Allocation ETF (NYSEARCA:AOR) saw an uptick in trading volume on Monday . 285,494 shares changed hands during mid-day trading, an increase of 42% from the previous session’s volume of 201,459 shares.The stock last traded at $57.36 and had previously closed at $57.49.

iShares Core Growth Allocation ETF Stock Up 0.6 %

The company has a 50-day moving average of $58.61 and a 200-day moving average of $57.79. The company has a market cap of $2.10 billion, a PE ratio of 17.06 and a beta of 0.62.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AOR. Hobbs Group Advisors LLC purchased a new position in iShares Core Growth Allocation ETF in the third quarter worth $32,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of iShares Core Growth Allocation ETF in the 3rd quarter worth about $33,000. Highline Wealth Partners LLC bought a new position in iShares Core Growth Allocation ETF during the third quarter valued at about $41,000. Hantz Financial Services Inc. purchased a new stake in iShares Core Growth Allocation ETF during the second quarter worth about $50,000. Finally, Aptus Capital Advisors LLC increased its holdings in iShares Core Growth Allocation ETF by 308.2% during the third quarter. Aptus Capital Advisors LLC now owns 1,298 shares of the company’s stock worth $77,000 after buying an additional 980 shares during the last quarter.

About iShares Core Growth Allocation ETF

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.