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

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 10,500 shares, a decline of 37.5% from the May 15th total of 16,800 shares. Based on an average daily trading volume, of 142,500 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of iShares Core 40/60 Moderate Allocation ETF

A number of hedge funds have recently bought and sold shares of AOM. Bellwether Advisors LLC acquired a new stake in iShares Core 40/60 Moderate Allocation ETF in the 4th quarter valued at about $31,000. Assetmark Inc. raised its holdings in iShares Core 40/60 Moderate Allocation ETF by 118.6% in the 4th quarter. Assetmark Inc. now owns 765 shares of the company’s stock valued at $33,000 after acquiring an additional 415 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in iShares Core 40/60 Moderate Allocation ETF in the 4th quarter valued at about $39,000. NBC Securities Inc. acquired a new stake in iShares Core 40/60 Moderate Allocation ETF in the 1st quarter valued at about $41,000. Finally, Farther Finance Advisors LLC raised its holdings in iShares Core 40/60 Moderate Allocation ETF by 551.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,172 shares of the company’s stock valued at $51,000 after acquiring an additional 992 shares during the last quarter.

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

NYSEARCA:AOM traded down $0.13 during trading hours on Tuesday, hitting $45.09. 37,668 shares of the stock were exchanged, compared to its average volume of 138,106. iShares Core 40/60 Moderate Allocation ETF has a 52-week low of $41.20 and a 52-week high of $45.44. The firm’s fifty day moving average price is $44.06 and its 200 day moving average price is $44.00. The company has a market cap of $1.50 billion, a P/E ratio of 19.75 and a beta of 0.51.

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.