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

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 13,186 shares, a decrease of 62.2% from the June 15th total of 34,925 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 183,117 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares Core 40/60 Moderate Allocation ETF

Several institutional investors have recently added to or reduced their stakes in AOM. Flagship Harbor Advisors LLC purchased a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the fourth quarter valued at about $28,000. Painted Porch Advisors LLC purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the third quarter worth about $51,000. Ascentis Independent Advisors bought a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the first quarter worth about $53,000. Vermillion & White Wealth Management Group LLC grew its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 4,656.7% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,427 shares of the company’s stock worth $68,000 after purchasing an additional 1,397 shares during the last quarter. Finally, Strategic Advocates LLC purchased a new position in iShares Core 40/60 Moderate Allocation ETF during the 3rd quarter valued at about $135,000.

iShares Core 40/60 Moderate Allocation ETF Trading Up 0.3%

AOM stock traded up $0.16 during midday trading on Wednesday, hitting $49.43. The company had a trading volume of 76,705 shares, compared to its average volume of 159,821. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51. iShares Core 40/60 Moderate Allocation ETF has a 52 week low of $45.31 and a 52 week high of $50.10. The stock’s 50 day moving average price is $49.52 and its 200 day moving average price is $48.69.

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.