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

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the recipient of a large 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 volume of 338,818 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC raised its position in shares of iShares Core 60/40 Balanced Allocation ETF by 10.2% in the 1st quarter. NewEdge Advisors LLC now owns 9,254 shares of the company’s stock worth $533,000 after acquiring an additional 857 shares in 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 in the last quarter. Captrust Financial Advisors grew its stake in iShares Core 60/40 Balanced Allocation ETF by 8.6% in 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 during 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 during the last quarter.

iShares Core 60/40 Balanced Allocation ETF Stock Down 0.6%

Shares of NYSEARCA AOR traded down $0.41 during midday trading on Tuesday, reaching $69.72. 470,606 shares of the company’s stock traded hands, compared to its average volume of 368,693. The company has a market cap of $3.70 billion, a price-to-earnings ratio of 19.83 and a beta of 0.64. The stock’s 50 day simple moving average is $69.09 and its 200-day simple moving average is $67.64. iShares Core 60/40 Balanced Allocation ETF has a one year low of $62.17 and a one year high of $70.49.

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.