iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Update

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 390,384 shares, an increase of 30.9% from the December 15th total of 298,260 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 449,261 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 449,261 shares, the short-interest ratio is currently 0.9 days. Approximately 0.8% of the company’s stock are sold short.

iShares Core 60/40 Balanced Allocation ETF Trading Down 0.1%

Shares of AOR stock traded down $0.04 on Friday, hitting $66.12. 520,451 shares of the stock were exchanged, compared to its average volume of 434,950. The firm has a market capitalization of $3.19 billion, a P/E ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a fifty-two week low of $52.97 and a fifty-two week high of $66.32. The business has a 50-day moving average of $65.25 and a 200 day moving average of $63.90.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Nvwm LLC raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 33.3% during the second quarter. Nvwm LLC now owns 11,516 shares of the company’s stock worth $709,000 after acquiring an additional 2,878 shares in the last quarter. Westside Investment Management Inc. acquired a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the 2nd quarter worth approximately $444,000. Manning & Napier Advisors LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 3rd quarter worth approximately $765,000. Venturi Wealth Management LLC boosted its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 16.8% in the 2nd quarter. Venturi Wealth Management LLC now owns 8,099 shares of the company’s stock valued at $499,000 after buying an additional 1,164 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 117.3% in the third quarter. Kingswood Wealth Advisors LLC now owns 22,731 shares of the company’s stock valued at $1,463,000 after buying an additional 12,271 shares in the last quarter.

About iShares Core 60/40 Balanced Allocation ETF

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. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.