iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Update

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 93,017 shares, a growth of 67.6% from the May 14th total of 55,486 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 311,681 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. NewEdge Advisors LLC increased its stake in iShares Core 60/40 Balanced Allocation ETF by 10.2% in the first quarter. NewEdge Advisors LLC now owns 9,254 shares of the company’s stock valued at $533,000 after purchasing an additional 857 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in iShares Core 60/40 Balanced Allocation ETF by 8.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 42,885 shares of the company’s stock valued at $2,641,000 after buying an additional 3,522 shares during the period. Captrust Financial Advisors grew its holdings in iShares Core 60/40 Balanced Allocation ETF by 8.6% in the 2nd quarter. Captrust Financial Advisors now owns 28,754 shares of the company’s stock valued at $1,770,000 after buying an additional 2,276 shares during the period. GGM Financials LLC acquired a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the 3rd quarter valued at about $26,000. Finally, BlueStem Wealth Partners LLC lifted its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 0.6% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 69,392 shares of the company’s stock worth $4,467,000 after acquiring an additional 397 shares during the period.

iShares Core 60/40 Balanced Allocation ETF Trading Up 1.0%

Shares of NYSEARCA:AOR traded up $0.66 on Monday, hitting $69.78. The company had a trading volume of 365,657 shares, compared to its average volume of 399,416. The company has a market cap of $3.58 billion, a PE ratio of 19.83 and a beta of 0.64. iShares Core 60/40 Balanced Allocation ETF has a 52-week low of $59.87 and a 52-week high of $69.93. The business has a 50 day moving average of $67.97 and a 200 day moving average of $66.52.

iShares Core 60/40 Balanced Allocation ETF Company Profile

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.