iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Sees Significant Decrease in Short Interest

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 107,125 shares, a decline of 54.0% from the July 30th total of 232,926 shares. Based on an average daily trading volume, of 262,533 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors 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 stock. Worth Asset Management LLC raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 2.9% in the 1st quarter. Worth Asset Management LLC now owns 689,976 shares of the company’s stock worth $44,400,000 after acquiring an additional 19,273 shares during the period. NBT Bank N A NY lifted its position in iShares Core 60/40 Balanced Allocation ETF by 157,167.7% during the 1st quarter. NBT Bank N A NY now owns 102,224 shares of the company’s stock worth $6,578,000 after acquiring an additional 102,159 shares during the last quarter. SOA Wealth Advisors LLC. boosted its holdings in iShares Core 60/40 Balanced Allocation ETF by 1,205.7% during the first quarter. SOA Wealth Advisors LLC. now owns 8,996 shares of the company’s stock valued at $579,000 after acquiring an additional 8,307 shares during the period. Strategic Investment Solutions Inc. IL bought a new stake in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter valued at about $33,000. Finally, Gould Capital LLC grew its position in shares of iShares Core 60/40 Balanced Allocation ETF by 123.6% in the fourth quarter. Gould Capital LLC now owns 2,263 shares of the company’s stock valued at $147,000 after purchasing an additional 1,251 shares during the last quarter.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

Shares of AOR traded down $0.23 during trading hours on Friday, hitting $69.93. 357,685 shares of the company were exchanged, compared to its average volume of 364,857. The company has a market cap of $3.71 billion, a PE ratio of 19.83 and a beta of 0.64. The firm’s 50 day moving average is $69.22 and its 200-day moving average is $67.85. iShares Core 60/40 Balanced Allocation ETF has a 52 week low of $62.17 and a 52 week high of $70.49.

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.