Sovereign Financial Group Inc. Increases Position in iShares Core Moderate Allocation ETF (NYSEARCA:AOM)

Sovereign Financial Group Inc. boosted its holdings in iShares Core Moderate Allocation ETF (NYSEARCA:AOM) by 6.2% in the third quarter, HoldingsChannel reports. The firm owned 18,713 shares of the company’s stock after purchasing an additional 1,097 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Core Moderate Allocation ETF were worth $844,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Atria Wealth Solutions Inc. boosted its stake in shares of iShares Core Moderate Allocation ETF by 1.4% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 18,319 shares of the company’s stock valued at $788,000 after buying an additional 245 shares during the last quarter. Investment Partners LTD. boosted its stake in iShares Core Moderate Allocation ETF by 4.0% during the 1st quarter. Investment Partners LTD. now owns 9,208 shares of the company’s stock valued at $394,000 after acquiring an additional 355 shares during the last quarter. Global Financial Private Client LLC grew its holdings in iShares Core Moderate Allocation ETF by 2.1% during the 2nd quarter. Global Financial Private Client LLC now owns 18,313 shares of the company’s stock worth $788,000 after acquiring an additional 373 shares in the last quarter. SteelPeak Wealth LLC grew its holdings in iShares Core Moderate Allocation ETF by 2.2% during the 2nd quarter. SteelPeak Wealth LLC now owns 17,289 shares of the company’s stock worth $744,000 after acquiring an additional 380 shares in the last quarter. Finally, Summit Wealth Partners LLC increased its position in shares of iShares Core Moderate Allocation ETF by 2.2% in the 2nd quarter. Summit Wealth Partners LLC now owns 18,865 shares of the company’s stock worth $811,000 after purchasing an additional 410 shares during the last quarter.

iShares Core Moderate Allocation ETF Stock Performance

Shares of AOM stock opened at $44.46 on Wednesday. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 16.61 and a beta of 0.47. iShares Core Moderate Allocation ETF has a one year low of $37.72 and a one year high of $45.31. The company’s 50-day simple moving average is $44.18 and its 200-day simple moving average is $43.15.

About iShares Core Moderate Allocation ETF

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.