iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Sees Significant Drop in Short Interest
by Amy Steele · The Cerbat GemiShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR – Get Free Report) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 321,900 shares, a decline of 17.5% from the December 31st total of 390,384 shares. Based on an average daily volume of 426,452 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.7% of the shares of the stock are sold short. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 426,452 shares, the days-to-cover ratio is currently 0.8 days.
iShares Core 60/40 Balanced Allocation ETF Trading Up 0.0%
AOR traded up $0.02 during trading hours on Wednesday, hitting $66.42. 35,934 shares of the company’s stock were exchanged, compared to its average volume of 404,070. The firm has a market cap of $3.18 billion, a P/E ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a 12-month low of $52.97 and a 12-month high of $66.89. The firm has a 50 day moving average of $65.67 and a 200 day moving average of $64.35.
Institutional Trading of iShares Core 60/40 Balanced Allocation ETF
Several institutional investors have recently modified their holdings of AOR. Cornerstone Planning Group LLC raised its position in shares of iShares Core 60/40 Balanced Allocation ETF by 3.3% during the 4th quarter. Cornerstone Planning Group LLC now owns 6,351 shares of the company’s stock worth $423,000 after purchasing an additional 202 shares during the last quarter. Strategic Advocates LLC increased its position in iShares Core 60/40 Balanced Allocation ETF by 2.6% during the third quarter. Strategic Advocates LLC now owns 8,244 shares of the company’s stock worth $531,000 after buying an additional 205 shares in the last quarter. Vantage Financial Partners LLC raised its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 6.9% in the fourth quarter. Vantage Financial Partners LLC now owns 4,641 shares of the company’s stock worth $302,000 after acquiring an additional 299 shares during the last quarter. BlueStem Wealth Partners LLC lifted its position in shares of iShares Core 60/40 Balanced Allocation ETF by 0.6% in the third quarter. BlueStem Wealth Partners LLC now owns 69,392 shares of the company’s stock valued at $4,467,000 after acquiring an additional 397 shares in the last quarter. Finally, GGM Financials LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at $26,000.
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.