iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 44,149 shares, a growth of 234.8% from the June 30th total of 13,186 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 124,780 shares, the short-interest ratio is currently 0.4 days.
iShares Core 40/60 Moderate Allocation ETF Stock Performance
Shares of NYSEARCA:AOM remained flat at $48.83 during mid-day trading on Friday. 113,487 shares of the company were exchanged, compared to its average volume of 160,199. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51. The company has a 50-day moving average price of $49.47 and a 200-day moving average price of $48.76. iShares Core 40/60 Moderate Allocation ETF has a 1 year low of $45.61 and a 1 year high of $50.10.
Institutional Investors Weigh In On iShares Core 40/60 Moderate Allocation ETF
Institutional investors have recently modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new position in iShares Core 40/60 Moderate Allocation ETF during the 4th quarter worth about $28,000. Ascentis Independent Advisors acquired a new position in iShares Core 40/60 Moderate Allocation ETF in the 1st quarter valued at about $53,000. Vermillion & White Wealth Management Group LLC grew its position in iShares Core 40/60 Moderate Allocation ETF by 4,656.7% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,427 shares of the company’s stock valued at $68,000 after acquiring an additional 1,397 shares in the last quarter. Parallel Advisors LLC increased its stake in iShares Core 40/60 Moderate Allocation ETF by 128.7% during the fourth quarter. Parallel Advisors LLC now owns 3,554 shares of the company’s stock worth $170,000 after purchasing an additional 2,000 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in iShares Core 40/60 Moderate Allocation ETF by 161.2% during the fourth 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 during the period.
About iShares Core 40/60 Moderate Allocation ETF
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.
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