iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Sees Significant Decline in Short Interest

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 84,456 shares, a decrease of 54.4% from the June 15th total of 185,232 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 98,713 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On iShares Core 80/20 Aggressive Allocation ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. CX Institutional raised its position in iShares Core 80/20 Aggressive Allocation ETF by 0.6% during the 4th quarter. CX Institutional now owns 94,420 shares of the company’s stock worth $8,456,000 after buying an additional 559 shares during the last quarter. Western Wealth Management LLC boosted its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 1,467.1% in the fourth quarter. Western Wealth Management LLC now owns 77,824 shares of the company’s stock valued at $6,970,000 after acquiring an additional 72,858 shares in the last quarter. Legacy Financial Group LLC increased its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 2.3% during the fourth quarter. Legacy Financial Group LLC now owns 75,053 shares of the company’s stock worth $6,889,000 after acquiring an additional 1,693 shares during the period. Align Financial LLC acquired a new position in shares of iShares Core 80/20 Aggressive Allocation ETF during the fourth quarter worth about $6,245,000. Finally, JPMorgan Chase & Co. raised its holdings in iShares Core 80/20 Aggressive Allocation ETF by 26.4% during the third quarter. JPMorgan Chase & Co. now owns 59,420 shares of the company’s stock worth $5,237,000 after purchasing an additional 12,409 shares in the last quarter.

iShares Core 80/20 Aggressive Allocation ETF Price Performance

Shares of AOA stock traded down $0.75 during midday trading on Thursday, hitting $96.75. The company had a trading volume of 84,730 shares, compared to its average volume of 130,743. The company’s 50 day simple moving average is $97.06 and its 200 day simple moving average is $93.43. iShares Core 80/20 Aggressive Allocation ETF has a 52-week low of $82.40 and a 52-week high of $98.68. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 20.50 and a beta of 0.78.

About iShares Core 80/20 Aggressive Allocation ETF

iShares Aggressive Allocation ETF (the Fund), formerly iShares S&P Aggressive Allocation Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Aggressive Index (the Aggressive Allocation Index). The Aggressive Allocation Index seeks to measure the performance of an asset allocation strategy targeted to an aggressive risk profile. The Fund is designed for investors seeking long-term capital appreciation.