iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Shares Shorted: Short Interest Up 68.6% in September

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 336,608 shares, a growth of 68.6% from the September 15th total of 199,607 shares. Based on an average daily volume of 466,610 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.6% of the company’s shares are sold short.

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

NYSEARCA:AOR opened at $68.65 on Friday. The stock has a fifty day simple moving average of $69.39 and a 200 day simple moving average of $68.62. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a 1-year low of $62.96 and a 1-year high of $70.49.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

A number of hedge funds have recently bought and sold shares of the company. Congress Asset Management Co. purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the third quarter worth approximately $2,848,000. Worth Asset Management LLC lifted its position in shares of iShares Core 60/40 Balanced Allocation ETF by 2.9% in the 1st quarter. Worth Asset Management LLC now owns 689,976 shares of the company’s stock valued at $44,400,000 after acquiring an additional 19,273 shares in the last quarter. NBT Bank N A NY lifted its position in shares of iShares Core 60/40 Balanced Allocation ETF by 157,167.7% in the 1st quarter. NBT Bank N A NY now owns 102,224 shares of the company’s stock valued at $6,578,000 after acquiring an additional 102,159 shares in the last quarter. CoreCap Advisors LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at approximately $486,000. Finally, SOA Wealth Advisors LLC. boosted its stake in iShares Core 60/40 Balanced Allocation ETF by 1,205.7% in the 1st quarter. SOA Wealth Advisors LLC. now owns 8,996 shares of the company’s stock worth $579,000 after purchasing an additional 8,307 shares during the period.

iShares Core 60/40 Balanced Allocation ETF Company Profile

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.