iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Up 68.1% in July

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 232,926 shares, a growth of 68.1% from the July 15th total of 138,566 shares. Based on an average daily trading volume, of 338,818 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares Core 60/40 Balanced Allocation ETF

A number of large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in shares of iShares Core 60/40 Balanced Allocation ETF by 10.2% in the first quarter. NewEdge Advisors LLC now owns 9,254 shares of the company’s stock valued at $533,000 after acquiring an additional 857 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares Core 60/40 Balanced Allocation ETF by 8.9% during the second quarter. Ameriprise Financial Inc. now owns 42,885 shares of the company’s stock valued at $2,641,000 after purchasing an additional 3,522 shares during the last quarter. Captrust Financial Advisors boosted its position in iShares Core 60/40 Balanced Allocation ETF by 8.6% during the second quarter. Captrust Financial Advisors now owns 28,754 shares of the company’s stock valued at $1,770,000 after purchasing an additional 2,276 shares during the last quarter. Parallel Advisors LLC grew its stake in iShares Core 60/40 Balanced Allocation ETF by 23.3% in the third quarter. Parallel Advisors LLC now owns 3,494 shares of the company’s stock valued at $225,000 after purchasing an additional 660 shares in the last quarter. Finally, United Capital Financial Advisors LLC grew its stake in iShares Core 60/40 Balanced Allocation ETF by 2.6% in the third quarter. United Capital Financial Advisors LLC now owns 19,976 shares of the company’s stock valued at $1,286,000 after purchasing an additional 511 shares in the last quarter.

iShares Core 60/40 Balanced Allocation ETF Price Performance

Shares of iShares Core 60/40 Balanced Allocation ETF stock traded down $0.16 during trading on Monday, hitting $70.13. 255,727 shares of the company were exchanged, compared to its average volume of 368,054. The firm has a market capitalization of $3.72 billion, a P/E ratio of 19.83 and a beta of 0.64. iShares Core 60/40 Balanced Allocation ETF has a 1-year low of $62.17 and a 1-year high of $70.49. The firm’s fifty day moving average price is $69.05 and its 200 day moving average price is $67.61.

iShares Core 60/40 Balanced Allocation ETF Company Profile

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.