iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 34,925 shares, an increase of 150.7% from the May 31st total of 13,930 shares. Based on an average daily volume of 149,240 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.
Institutional Investors Weigh In On iShares Core 40/60 Moderate Allocation ETF
Institutional investors have recently modified their holdings of the business. Weitzel Financial Services Inc. raised its holdings in iShares Core 40/60 Moderate Allocation ETF by 3.9% in the 1st quarter. Weitzel Financial Services Inc. now owns 313,078 shares of the company’s stock worth $14,846,000 after purchasing an additional 11,814 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares Core 40/60 Moderate Allocation ETF by 6.7% in the second quarter. Ameriprise Financial Inc. now owns 281,931 shares of the company’s stock valued at $12,995,000 after buying an additional 17,790 shares in the last quarter. American Trust increased its position in shares of iShares Core 40/60 Moderate Allocation ETF by 0.6% in the third quarter. American Trust now owns 98,698 shares of the company’s stock valued at $4,696,000 after buying an additional 613 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of iShares Core 40/60 Moderate Allocation ETF during the 4th quarter worth approximately $4,460,000. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 148.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 45,472 shares of the company’s stock worth $2,094,000 after buying an additional 27,156 shares during the period.
iShares Core 40/60 Moderate Allocation ETF Stock Performance
NYSEARCA AOM traded up $0.05 during mid-day trading on Tuesday, reaching $49.89. 145,676 shares of the stock were exchanged, compared to its average volume of 162,675. The company has a market capitalization of $1.76 billion, a P/E ratio of 19.75 and a beta of 0.51. The business’s 50 day moving average is $49.41 and its 200-day moving average is $48.60. iShares Core 40/60 Moderate Allocation ETF has a 1 year low of $45.31 and a 1 year high of $50.10.
iShares Core 40/60 Moderate Allocation ETF Company Profile
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.
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