Short Interest in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Decreases By 50.5%

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 91,708 shares, a decrease of 50.5% from the April 15th total of 185,292 shares. Based on an average trading volume of 327,550 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

iShares Core 60/40 Balanced Allocation ETF Stock Down 1.2%

Shares of AOR stock traded down $0.84 during mid-day trading on Friday, hitting $68.13. 294,443 shares of the stock were exchanged, compared to its average volume of 412,203. The firm has a fifty day moving average of $66.17 and a 200 day moving average of $65.89. iShares Core 60/40 Balanced Allocation ETF has a 52-week low of $58.56 and a 52-week high of $69.11. The company has a market cap of $3.50 billion, a PE ratio of 19.83 and a beta of 0.65.

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

Several hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. lifted its stake in iShares Core 60/40 Balanced Allocation ETF by 80.8% in the 3rd quarter. Ameriflex Group Inc. now owns 25,014 shares of the company’s stock valued at $1,610,000 after buying an additional 11,178 shares in the last quarter. Manning & Napier Advisors LLC purchased a new position in iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at about $765,000. Worth Asset Management LLC lifted its stake in iShares Core 60/40 Balanced Allocation ETF by 5.2% in the 4th quarter. Worth Asset Management LLC now owns 670,703 shares of the company’s stock valued at $43,602,000 after buying an additional 32,939 shares in the last quarter. Integrated Investment Consultants LLC lifted its stake in iShares Core 60/40 Balanced Allocation ETF by 4.7% in the 3rd quarter. Integrated Investment Consultants LLC now owns 384,902 shares of the company’s stock valued at $24,780,000 after buying an additional 17,304 shares in the last quarter. Finally, WestEnd Advisors LLC lifted its stake in iShares Core 60/40 Balanced Allocation ETF by 184.4% in the 4th quarter. WestEnd Advisors LLC now owns 49,946 shares of the company’s stock valued at $3,247,000 after buying an additional 32,386 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.