Merit Financial Group LLC Buys Shares of 8,160 iShares Core Growth Allocation ETF (NYSEARCA:AOR)

Merit Financial Group LLC bought a new stake in shares of iShares Core Growth Allocation ETF (NYSEARCA:AOR) during the fourth quarter, Holdings Channel reports. The fund bought 8,160 shares of the company’s stock, valued at approximately $468,000.

Other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can raised its stake in shares of iShares Core Growth Allocation ETF by 2.3% during the 2nd quarter. Bank of Montreal Can now owns 19,521 shares of the company’s stock worth $1,104,000 after acquiring an additional 445 shares in the last quarter. Silver Lake Advisory LLC purchased a new position in shares of iShares Core Growth Allocation ETF in the second quarter worth about $705,000. Elevation Capital Advisory LLC acquired a new stake in shares of iShares Core Growth Allocation ETF during the second quarter worth about $5,630,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core Growth Allocation ETF by 15.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,147 shares of the company’s stock worth $1,360,000 after acquiring an additional 3,250 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in shares of iShares Core Growth Allocation ETF by 78.7% in the 2nd quarter. Sunbelt Securities Inc. now owns 10,394 shares of the company’s stock valued at $585,000 after buying an additional 4,576 shares during the period.

iShares Core Growth Allocation ETF Price Performance

NYSEARCA:AOR opened at $58.54 on Friday. The company has a 50 day moving average price of $58.21 and a 200-day moving average price of $57.94. iShares Core Growth Allocation ETF has a 1-year low of $52.97 and a 1-year high of $59.77. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 17.06 and a beta of 0.62.

iShares Core Growth Allocation ETF 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.