Short Interest in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Rises By 30.9%

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 390,384 shares, an increase of 30.9% from the December 15th total of 298,260 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average trading volume of 449,261 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 449,261 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.8% of the company’s stock are short sold.

iShares Core 60/40 Balanced Allocation ETF Stock Down 0.1%

AOR stock opened at $66.12 on Monday. The business has a 50 day moving average price of $65.25 and a 200 day moving average price of $63.92. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a fifty-two week low of $52.97 and a fifty-two week high of $66.32.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Jaffetilchin Investment Partners LLC acquired a new stake in iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth $389,000. Worth Asset Management LLC boosted its stake in iShares Core 60/40 Balanced Allocation ETF by 5.2% in the fourth quarter. Worth Asset Management LLC now owns 670,703 shares of the company’s stock valued at $43,602,000 after acquiring an additional 32,939 shares in the last quarter. Ferguson Wellman Capital Management Inc. purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth about $223,000. Ransom Advisory Ltd acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth about $65,000. Finally, Strategic Advocates LLC increased its position in shares of iShares Core 60/40 Balanced Allocation ETF by 2.6% during the third quarter. Strategic Advocates LLC now owns 8,244 shares of the company’s stock worth $531,000 after purchasing an additional 205 shares in the last quarter.

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.