Short Interest in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Drops By 33.4%

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 214,229 shares, a decline of 33.4% from the January 15th total of 321,900 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 407,838 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 407,838 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the company’s shares are short sold.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. GGM Financials LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the third quarter worth about $26,000. Private Trust Co. NA purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the fourth quarter valued at approximately $27,000. Ransom Advisory Ltd purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the fourth quarter valued at approximately $65,000. Flagship Harbor Advisors LLC bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the fourth quarter valued at approximately $73,000. Finally, Mascoma Wealth Management LLC lifted its stake in iShares Core 60/40 Balanced Allocation ETF by 23.4% in the fourth quarter. Mascoma Wealth Management LLC now owns 1,218 shares of the company’s stock worth $79,000 after acquiring an additional 231 shares during the period.

iShares Core 60/40 Balanced Allocation ETF Stock Up 0.2%

Shares of iShares Core 60/40 Balanced Allocation ETF stock traded up $0.15 on Friday, hitting $66.85. The stock had a trading volume of 236,566 shares, compared to its average volume of 415,136. iShares Core 60/40 Balanced Allocation ETF has a one year low of $52.97 and a one year high of $67.38. The stock’s 50-day simple moving average is $65.90 and its two-hundred day simple moving average is $64.60. The stock has a market cap of $3.21 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65.

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.