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

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 232,926 shares, a growth of 68.1% from the July 15th total of 138,566 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 338,818 shares, the short-interest ratio is presently 0.7 days.

iShares Core 60/40 Balanced Allocation ETF Stock Down 0.2%

Shares of NYSEARCA AOR traded down $0.16 during midday trading on Monday, hitting $70.13. 255,727 shares of the company’s stock were exchanged, compared to its average volume of 368,054. iShares Core 60/40 Balanced Allocation ETF has a 12 month low of $62.17 and a 12 month high of $70.49. The company’s 50 day moving average price is $69.05 and its 200 day moving average price is $67.61. The firm has a market capitalization of $3.72 billion, a PE ratio of 19.83 and a beta of 0.64.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Hedge funds have recently added to or reduced their stakes in the company. Private Trust Co. NA acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth $27,000. Strategic Investment Solutions Inc. IL bought a new position in iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $33,000. Arlington Trust Co LLC bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the 2nd quarter valued at $58,000. Mascoma Wealth Management LLC grew its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 23.4% during the 4th quarter. Mascoma Wealth Management LLC now owns 1,218 shares of the company’s stock valued at $79,000 after purchasing an additional 231 shares during the last quarter. Finally, Gould Capital LLC grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 123.6% during the fourth quarter. Gould Capital LLC now owns 2,263 shares of the company’s stock worth $147,000 after buying an additional 1,251 shares during 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.