iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Short Interest Update

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 71,089 shares, a drop of 43.2% from the May 14th total of 125,096 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 107,710 shares, the days-to-cover ratio is presently 0.7 days.

iShares Core 80/20 Aggressive Allocation ETF Stock Performance

Shares of AOA traded down $0.13 during midday trading on Tuesday, hitting $98.22. The company had a trading volume of 72,606 shares, compared to its average volume of 136,534. The company’s 50-day simple moving average is $95.20 and its 200-day simple moving average is $92.28. The firm has a market capitalization of $3.15 billion, a P/E ratio of 20.50 and a beta of 0.77. iShares Core 80/20 Aggressive Allocation ETF has a 1 year low of $80.52 and a 1 year high of $98.68.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. CX Institutional boosted its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 0.6% in the 4th quarter. CX Institutional now owns 94,420 shares of the company’s stock valued at $8,456,000 after buying an additional 559 shares during the period. Western Wealth Management LLC boosted its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 1,467.1% in the 4th quarter. Western Wealth Management LLC now owns 77,824 shares of the company’s stock valued at $6,970,000 after buying an additional 72,858 shares during the period. Legacy Financial Group LLC boosted its stake in shares of iShares Core 80/20 Aggressive Allocation ETF by 2.3% in the 4th quarter. Legacy Financial Group LLC now owns 75,053 shares of the company’s stock valued at $6,889,000 after buying an additional 1,693 shares during the period. Align Financial LLC purchased a new position in shares of iShares Core 80/20 Aggressive Allocation ETF in the 4th quarter valued at about $6,245,000. Finally, JPMorgan Chase & Co. raised its position in shares of iShares Core 80/20 Aggressive Allocation ETF by 26.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 59,420 shares of the company’s stock worth $5,237,000 after acquiring an additional 12,409 shares in the last quarter.

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.