Short Interest in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Decreases By 85.4%

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 19,704 shares, a drop of 85.4% from the August 15th total of 135,069 shares. Based on an average daily volume of 148,552 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Leo H. Evart Inc. bought a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the 2nd quarter valued at about $35,000. Tsfg LLC acquired a new position in iShares Core 40/60 Moderate Allocation ETF during the second quarter valued at approximately $53,000. Ascentis Independent Advisors acquired a new position in iShares Core 40/60 Moderate Allocation ETF during the first quarter valued at approximately $53,000. Vermillion & White Wealth Management Group LLC grew its stake in 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 valued at $68,000 after purchasing an additional 1,397 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA grew its stake in iShares Core 40/60 Moderate Allocation ETF by 48.8% in the second quarter. Comprehensive Financial Planning Inc. PA now owns 1,795 shares of the company’s stock valued at $90,000 after purchasing an additional 589 shares in the last quarter.

iShares Core 40/60 Moderate Allocation ETF Stock Up 0.4%

Shares of AOM stock traded up $0.20 during trading on Friday, reaching $49.39. The company’s stock had a trading volume of 69,314 shares, compared to its average volume of 153,298. iShares Core 40/60 Moderate Allocation ETF has a one year low of $46.60 and a one year high of $50.16. The business has a fifty day moving average price of $49.50 and a 200-day moving average price of $49.04. The company has a market cap of $1.76 billion, a price-to-earnings 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. The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation.