Kovack Advisors Inc. Sells 300 Shares of iShares Core Moderate Allocation ETF (NYSEARCA:AOM)

Kovack Advisors Inc. decreased its position in iShares Core Moderate Allocation ETF (NYSEARCA:AOM) by 5.1% in the first quarter, Holdings Channel.com reports. The firm owned 5,615 shares of the company’s stock after selling 300 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares Core Moderate Allocation ETF were worth $240,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Life Planning Partners Inc bought a new position in iShares Core Moderate Allocation ETF in the fourth quarter worth $30,000. Able Wealth Management LLC bought a new position in iShares Core Moderate Allocation ETF in the fourth quarter worth $33,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of iShares Core Moderate Allocation ETF in the fourth quarter worth $37,000. PNC Financial Services Group Inc. grew its stake in shares of iShares Core Moderate Allocation ETF by 29.2% in 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 last quarter. Finally, Pineridge Advisors LLC purchased a new stake in shares of iShares Core Moderate Allocation ETF in the fourth quarter worth $73,000.

iShares Core Moderate Allocation ETF Trading Up 0.6 %

NYSEARCA AOM opened at $42.97 on Friday. iShares Core Moderate Allocation ETF has a 12 month low of $37.72 and a 12 month high of $43.27. The stock has a market cap of $1.39 billion, a P/E ratio of 16.61 and a beta of 0.47. The stock’s fifty day moving average price is $42.63 and its 200-day moving average price is $42.06.

iShares Core Moderate Allocation ETF Company 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.