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

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 98,189 shares, an increase of 122.4% from the July 15th total of 44,149 shares. Based on an average daily trading volume, of 155,793 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Western Wealth Management LLC bought a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the fourth quarter valued at approximately $4,460,000. JPMorgan Chase & Co. raised its holdings in iShares Core 40/60 Moderate Allocation ETF by 148.3% in the second quarter. JPMorgan Chase & Co. now owns 45,472 shares of the company’s stock worth $2,094,000 after purchasing an additional 27,156 shares in the last quarter. Ameriprise Financial Inc. lifted its position in iShares Core 40/60 Moderate Allocation ETF by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 281,931 shares of the company’s stock valued at $12,995,000 after buying an additional 17,790 shares during the period. Captrust Financial Advisors lifted its position in iShares Core 40/60 Moderate Allocation ETF by 176.3% during the second quarter. Captrust Financial Advisors now owns 24,917 shares of the company’s stock valued at $1,147,000 after buying an additional 15,899 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 306.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 18,257 shares of the company’s stock valued at $871,000 after buying an additional 13,762 shares in the last quarter.

iShares Core 40/60 Moderate Allocation ETF Price Performance

AOM traded down $0.08 on Friday, hitting $50.00. The company had a trading volume of 145,180 shares, compared to its average volume of 155,477. The stock has a fifty day simple moving average of $49.47 and a 200-day simple moving average of $48.90. The firm has a market capitalization of $1.78 billion, a P/E ratio of 19.75 and a beta of 0.51. iShares Core 40/60 Moderate Allocation ETF has a 52-week low of $46.22 and a 52-week high of $50.16.

iShares Core 40/60 Moderate Allocation ETF Company Profile

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.