Short Interest in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Decreases By 84.7%

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOMGet Free Report) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 16,964 shares, a decrease of 84.7% from the December 31st total of 111,059 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 223,529 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 223,529 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

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

Large investors have recently modified their holdings of the stock. American Trust acquired a new position in iShares Core 40/60 Moderate Allocation ETF in the second quarter valued at about $4,516,000. JPMorgan Chase & Co. grew its position in iShares Core 40/60 Moderate Allocation ETF by 148.3% in the second quarter. JPMorgan Chase & Co. now owns 45,472 shares of the company’s stock valued at $2,094,000 after purchasing an additional 27,156 shares in the last quarter. Ameriprise Financial Inc. grew its position in 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 purchasing an additional 17,790 shares in the last quarter. Captrust Financial Advisors increased its position in shares of iShares Core 40/60 Moderate Allocation ETF by 176.3% in the second quarter. Captrust Financial Advisors now owns 24,917 shares of the company’s stock valued at $1,147,000 after acquiring an additional 15,899 shares during the last quarter. Finally, Weitzel Financial Services Inc. boosted its position in iShares Core 40/60 Moderate Allocation ETF by 4.0% during the third quarter. Weitzel Financial Services Inc. now owns 288,776 shares of the company’s stock valued at $13,648,000 after purchasing an additional 11,208 shares during the last quarter.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

Shares of iShares Core 40/60 Moderate Allocation ETF stock traded up $0.03 on Thursday, reaching $48.64. The stock had a trading volume of 319,117 shares, compared to its average volume of 213,906. The stock has a market cap of $1.71 billion, a P/E ratio of 19.75 and a beta of 0.52. iShares Core 40/60 Moderate Allocation ETF has a fifty-two week low of $41.20 and a fifty-two week high of $48.69. The business’s 50-day moving average price is $48.05 and its two-hundred day moving average price is $47.38.

About iShares Core 40/60 Moderate Allocation ETF

(Get Free Report)

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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