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

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 93,017 shares, an increase of 67.6% from the May 14th total of 55,486 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 311,681 shares, the short-interest ratio is currently 0.3 days.

iShares Core 60/40 Balanced Allocation ETF Trading Up 1.0%

Shares of AOR traded up $0.66 during mid-day trading on Monday, reaching $69.78. The company had a trading volume of 365,657 shares, compared to its average volume of 399,416. iShares Core 60/40 Balanced Allocation ETF has a fifty-two week low of $59.87 and a fifty-two week high of $69.93. The firm has a fifty day simple moving average of $67.97 and a 200-day simple moving average of $66.52. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 19.83 and a beta of 0.64.

Institutional Investors Weigh In On iShares Core 60/40 Balanced Allocation ETF

Institutional investors have recently added to or reduced their stakes in the company. GGM Financials LLC purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter worth about $26,000. Private Trust Co. NA purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth about $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth approximately $33,000. Ransom Advisory Ltd acquired a new stake in iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth approximately $65,000. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $73,000.

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.