iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Short Interest Up 122.4% in July

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 98,189 shares, an increase of 122.4% from the July 15th total of 44,149 shares. Based on an average daily volume of 155,793 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are sold short.

iShares Core 40/60 Moderate Allocation ETF Price Performance

AOM traded down $0.08 during midday trading on Friday, reaching $50.00. 145,180 shares of the company’s stock traded hands, compared to its average volume of 155,477. iShares Core 40/60 Moderate Allocation ETF has a 52 week low of $46.22 and a 52 week high of $50.16. The firm has a fifty day moving average of $49.47 and a two-hundred day moving average of $48.90. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Ascentis Independent Advisors purchased a new stake in iShares Core 40/60 Moderate Allocation ETF in the first quarter worth $53,000. Vermillion & White Wealth Management Group LLC increased its position in iShares Core 40/60 Moderate Allocation ETF by 4,656.7% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,427 shares of the company’s stock valued at $68,000 after purchasing an additional 1,397 shares during the period. Parallel Advisors LLC raised its holdings in iShares Core 40/60 Moderate Allocation ETF by 128.7% in the 4th quarter. Parallel Advisors LLC now owns 3,554 shares of the company’s stock worth $170,000 after purchasing an additional 2,000 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in iShares Core 40/60 Moderate Allocation ETF by 161.2% in the 4th quarter. Farther Finance Advisors LLC now owns 3,594 shares of the company’s stock worth $172,000 after purchasing an additional 2,218 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in iShares Core 40/60 Moderate Allocation ETF by 5.2% in the 1st quarter. Venturi Wealth Management LLC now owns 5,039 shares of the company’s stock worth $239,000 after purchasing an additional 251 shares in the last quarter.

iShares Core 40/60 Moderate Allocation ETF Company Profile

iShares Moderate Allocation ETF, formerly iShares S&P Moderate Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Moderate Index (the Moderate Allocation Index). The Moderate Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a moderate risk profile. The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation.