Oppenheimer Asset Management Inc. Acquires New Shares in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM)

Oppenheimer Asset Management Inc. acquired a new stake in shares of iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 21,668 shares of the company’s stock, valued at approximately $941,000. Oppenheimer Asset Management Inc. owned 0.07% of iShares Core 40/60 Moderate Allocation ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AOM. Janney Montgomery Scott LLC acquired a new position in iShares Core 40/60 Moderate Allocation ETF during the 4th quarter valued at approximately $4,972,000. Retireful LLC acquired a new position in iShares Core 40/60 Moderate Allocation ETF during the 4th quarter worth $4,380,000. Foundations Investment Advisors LLC boosted its position in iShares Core 40/60 Moderate Allocation ETF by 17.4% during the 4th quarter. Foundations Investment Advisors LLC now owns 356,996 shares of the company’s stock worth $15,508,000 after acquiring an additional 52,973 shares during the period. Ameritas Advisory Services LLC boosted its position in iShares Core 40/60 Moderate Allocation ETF by 68.0% during the 4th quarter. Ameritas Advisory Services LLC now owns 112,588 shares of the company’s stock worth $4,891,000 after acquiring an additional 45,564 shares during the period. Finally, Life Planning Partners Inc acquired a new position in iShares Core 40/60 Moderate Allocation ETF during the 4th quarter worth $1,359,000.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

Shares of AOM stock opened at $44.14 on Wednesday. iShares Core 40/60 Moderate Allocation ETF has a 1 year low of $41.10 and a 1 year high of $45.31. The stock has a fifty day moving average of $43.97 and a two-hundred day moving average of $44.27. The firm has a market capitalization of $1.44 billion, a PE ratio of 21.42 and a beta of 0.49.

iShares Core 40/60 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.