Short Interest in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Declines By 39.7%

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 64,592 shares, a decrease of 39.7% from the August 15th total of 107,125 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 307,576 shares, the days-to-cover ratio is presently 0.2 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. CoreCap Advisors LLC lifted its stake in iShares Core 60/40 Balanced Allocation ETF by 3.3% during the second quarter. CoreCap Advisors LLC now owns 6,661 shares of the company’s stock worth $463,000 after purchasing an additional 212 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $33,000. IMA Advisory Services Inc. raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 2.7% during the first quarter. IMA Advisory Services Inc. now owns 26,161 shares of the company’s stock worth $1,683,000 after purchasing an additional 699 shares in the last quarter. One Capital Management LLC raised its holdings in iShares Core 60/40 Balanced Allocation ETF by 4.7% during the fourth quarter. One Capital Management LLC now owns 17,434 shares of the company’s stock worth $1,133,000 after purchasing an additional 776 shares in the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 2nd quarter worth approximately $58,000.

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

NYSEARCA:AOR traded up $0.27 on Wednesday, reaching $69.05. 192,503 shares of the company’s stock were exchanged, compared to its average volume of 376,624. iShares Core 60/40 Balanced Allocation ETF has a 52-week low of $62.96 and a 52-week high of $70.49. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. The business has a fifty day moving average of $69.31 and a 200-day moving average of $68.06.

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.