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

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) was the target of 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 days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

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

Large investors have recently added to or reduced their stakes in the stock. Leo H. Evart Inc. purchased a new position in shares of iShares Core 40/60 Moderate Allocation ETF during the second quarter worth approximately $35,000. Ascentis Independent Advisors purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the first quarter valued at approximately $53,000. Tsfg LLC purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the second quarter valued at approximately $53,000. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of 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 during the period. 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 worth $90,000 after purchasing an additional 589 shares in the last quarter.

iShares Core 40/60 Moderate Allocation ETF Trading Up 0.3%

Shares of NYSEARCA AOM traded up $0.15 during mid-day trading on Friday, reaching $49.34. The company had a trading volume of 117,849 shares, compared to its average volume of 153,590. The business’s 50-day moving average is $49.50 and its 200-day moving average is $49.04. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51. iShares Core 40/60 Moderate Allocation ETF has a 52 week low of $46.60 and a 52 week high of $50.16.

About iShares Core 40/60 Moderate Allocation ETF

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.