Truist Financial Corp Sells 4,879 Shares of iShares Core Moderate Allocation ETF (NYSEARCA:AOM)

Truist Financial Corp lessened its holdings in iShares Core Moderate Allocation ETF (NYSEARCA:AOM) by 4.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 97,727 shares of the company’s stock after selling 4,879 shares during the period. Truist Financial Corp owned about 0.30% of iShares Core Moderate Allocation ETF worth $4,203,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new position in iShares Core Moderate Allocation ETF during the second quarter valued at $29,000. Able Wealth Management LLC purchased a new stake in iShares Core Moderate Allocation ETF in the 4th quarter worth approximately $33,000. Pineridge Advisors LLC bought a new stake in iShares Core Moderate Allocation ETF during the 4th quarter worth approximately $73,000. Sunbelt Securities Inc. lifted its holdings in iShares Core Moderate Allocation ETF by 133.0% during the first quarter. Sunbelt Securities Inc. now owns 2,111 shares of the company’s stock valued at $90,000 after purchasing an additional 1,205 shares in the last quarter. Finally, AdvisorNet Financial Inc boosted its position in shares of iShares Core Moderate Allocation ETF by 15.3% in the first quarter. AdvisorNet Financial Inc now owns 3,788 shares of the company’s stock worth $162,000 after purchasing an additional 502 shares during the period.

iShares Core Moderate Allocation ETF Price Performance

Shares of NYSEARCA AOM opened at $44.46 on Wednesday. iShares Core Moderate Allocation ETF has a 1 year low of $37.72 and a 1 year high of $45.31. The firm has a fifty day moving average price of $44.18 and a 200-day moving average price of $43.15. The stock has a market cap of $1.44 billion, a PE ratio of 16.61 and a beta of 0.47.

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.