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

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the recipient of a significant decrease in short interest in 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. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 307,576 shares, the short-interest ratio is currently 0.2 days.

iShares Core 60/40 Balanced Allocation ETF Trading Up 0.8%

NYSEARCA AOR traded up $0.55 during trading on Thursday, hitting $69.17. 158,139 shares of the company traded hands, compared to its average volume of 376,855. iShares Core 60/40 Balanced Allocation ETF has a 12 month low of $62.96 and a 12 month high of $70.49. The business has a fifty day simple moving average of $69.31 and a 200 day simple moving average of $68.07. The company has a market capitalization of $3.67 billion, a P/E ratio of 19.83 and a beta of 0.65.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AOR. Strategic Investment Solutions Inc. IL bought a new stake in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth approximately $33,000. Arlington Trust Co LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the second quarter worth $58,000. Gould Capital LLC lifted its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 123.6% in 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. TD Private Client Wealth LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth $163,000. Finally, EverSource Wealth Advisors LLC grew its stake in iShares Core 60/40 Balanced Allocation ETF by 494.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,842 shares of the company’s stock valued at $247,000 after buying an additional 3,196 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.