iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Down 32.6% in February

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 192,236 shares, a decline of 32.6% from the February 12th total of 285,395 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 361,683 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 361,683 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are sold short.

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

NYSEARCA:AOR traded down $0.29 during midday trading on Friday, hitting $64.57. The stock had a trading volume of 308,922 shares, compared to its average volume of 447,384. The stock has a 50-day moving average of $66.37 and a 200 day moving average of $65.20. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a one year low of $52.97 and a one year high of $67.71.

Hedge Funds Weigh In On iShares Core 60/40 Balanced Allocation ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Worth Asset Management LLC raised its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 67.4% in the third quarter. Worth Asset Management LLC now owns 637,764 shares of the company’s stock valued at $41,059,000 after acquiring an additional 256,702 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in iShares Core 60/40 Balanced Allocation ETF by 292.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 108,561 shares of the company’s stock worth $7,058,000 after acquiring an additional 80,917 shares in the last quarter. Integrated Investment Consultants LLC grew its holdings in iShares Core 60/40 Balanced Allocation ETF by 23.6% during the 2nd quarter. Integrated Investment Consultants LLC now owns 367,598 shares of the company’s stock worth $22,633,000 after acquiring an additional 70,304 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares Core 60/40 Balanced Allocation ETF by 5.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 717,742 shares of the company’s stock valued at $44,191,000 after purchasing an additional 39,188 shares during the period. Finally, WestEnd Advisors LLC increased its position in iShares Core 60/40 Balanced Allocation ETF by 184.4% during the 4th quarter. WestEnd Advisors LLC now owns 49,946 shares of the company’s stock valued at $3,247,000 after purchasing an additional 32,386 shares during the period.

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.