iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Sees Large Increase in Short Interest

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 298,260 shares, a growth of 53.7% from the November 30th total of 194,071 shares. Based on an average daily volume of 462,826 shares, the short-interest ratio is presently 0.6 days. Currently, 0.7% of the company’s shares are sold short. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 462,826 shares, the short-interest ratio is presently 0.6 days.

iShares Core 60/40 Balanced Allocation ETF Price Performance

NYSEARCA:AOR traded down $0.03 during trading hours on Tuesday, reaching $65.33. 264,707 shares of the company were exchanged, compared to its average volume of 271,695. The stock has a 50 day simple moving average of $65.04 and a 200 day simple moving average of $63.42. iShares Core 60/40 Balanced Allocation ETF has a 52-week low of $52.97 and a 52-week high of $65.78. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Several institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in iShares Core 60/40 Balanced Allocation ETF by 5.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 717,742 shares of the company’s stock valued at $44,191,000 after purchasing an additional 39,188 shares during the period. Worth Asset Management LLC grew its position in shares of iShares Core 60/40 Balanced Allocation ETF by 67.4% during the third quarter. Worth Asset Management LLC now owns 637,764 shares of the company’s stock worth $41,059,000 after acquiring an additional 256,702 shares during the last quarter. Integrated Investment Consultants LLC increased its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 4.7% in the 3rd quarter. Integrated Investment Consultants LLC now owns 384,902 shares of the company’s stock worth $24,780,000 after acquiring an additional 17,304 shares during the period. NBT Bank N A NY grew its holdings in iShares Core 60/40 Balanced Allocation ETF by 2.0% in the 2nd quarter. NBT Bank N A NY now owns 98,865 shares of the company’s stock worth $6,087,000 after buying an additional 1,948 shares in the last quarter. Finally, Lbmc Investment Advisors LLC increased its position in iShares Core 60/40 Balanced Allocation ETF by 0.8% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 74,707 shares of the company’s stock valued at $4,810,000 after acquiring an additional 604 shares during the period.

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.