Short Interest in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Decreases By 54.0%

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 107,125 shares, a decrease of 54.0% from the July 30th total of 232,926 shares. Based on an average daily trading volume, of 262,533 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

A number of hedge funds have recently bought and sold shares of AOR. NewEdge Advisors LLC boosted its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 10.2% during the 1st quarter. NewEdge Advisors LLC now owns 9,254 shares of the company’s stock worth $533,000 after purchasing an additional 857 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 8.9% in the second quarter. Ameriprise Financial Inc. now owns 42,885 shares of the company’s stock valued at $2,641,000 after purchasing an additional 3,522 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 8.6% in the second quarter. Captrust Financial Advisors now owns 28,754 shares of the company’s stock valued at $1,770,000 after purchasing an additional 2,276 shares during the last quarter. Parallel Advisors LLC lifted its position in iShares Core 60/40 Balanced Allocation ETF by 23.3% during the third quarter. Parallel Advisors LLC now owns 3,494 shares of the company’s stock worth $225,000 after buying an additional 660 shares in the last quarter. Finally, United Capital Financial Advisors LLC lifted its position in iShares Core 60/40 Balanced Allocation ETF by 2.6% during the third quarter. United Capital Financial Advisors LLC now owns 19,976 shares of the company’s stock worth $1,286,000 after buying an additional 511 shares in the last quarter.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

Shares of NYSEARCA AOR traded down $0.26 during mid-day trading on Monday, reaching $69.67. The company’s stock had a trading volume of 266,141 shares, compared to its average volume of 364,237. The stock has a 50-day moving average of $69.22 and a two-hundred day moving average of $67.85. The stock has a market capitalization of $3.70 billion, a P/E ratio of 19.83 and a beta of 0.64. iShares Core 60/40 Balanced Allocation ETF has a 1-year low of $62.17 and a 1-year high of $70.49.

About iShares Core 60/40 Balanced Allocation ETF

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.