iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Sees Large Increase in Short Interest

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 336,608 shares, an increase of 68.6% from the September 15th total of 199,607 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 466,610 shares, the short-interest ratio is presently 0.7 days.

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

Shares of iShares Core 60/40 Balanced Allocation ETF stock opened at $68.65 on Friday. iShares Core 60/40 Balanced Allocation ETF has a 12 month low of $62.96 and a 12 month high of $70.49. The stock has a market cap of $3.95 billion, a PE ratio of 19.83 and a beta of 0.65. The business has a fifty day simple moving average of $69.39 and a 200-day simple moving average of $68.62.

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

A number of institutional investors have recently bought and sold shares of the business. Congress Asset Management Co. purchased a new position in iShares Core 60/40 Balanced Allocation ETF during the 3rd quarter valued at about $2,848,000. Worth Asset Management LLC increased its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 2.9% in the 1st quarter. Worth Asset Management LLC now owns 689,976 shares of the company’s stock valued at $44,400,000 after purchasing an additional 19,273 shares during the period. NBT Bank N A NY increased its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 157,167.7% in the 1st quarter. NBT Bank N A NY now owns 102,224 shares of the company’s stock valued at $6,578,000 after purchasing an additional 102,159 shares during the period. CoreCap Advisors LLC acquired a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at about $486,000. Finally, SOA Wealth Advisors LLC. lifted its position in shares of iShares Core 60/40 Balanced Allocation ETF by 1,205.7% in the first quarter. SOA Wealth Advisors LLC. now owns 8,996 shares of the company’s stock worth $579,000 after purchasing an additional 8,307 shares in the last quarter.

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.