iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 19,704 shares, a decline of 85.4% from the August 15th total of 135,069 shares. Based on an average daily trading volume, of 148,552 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.
iShares Core 40/60 Moderate Allocation ETF Stock Up 0.3%
iShares Core 40/60 Moderate Allocation ETF stock traded up $0.15 on Friday, hitting $49.34. The company’s stock had a trading volume of 117,849 shares, compared to its average volume of 153,590. iShares Core 40/60 Moderate Allocation ETF has a one year low of $46.60 and a one year high of $50.16. The firm has a market cap of $1.75 billion, a P/E ratio of 19.75 and a beta of 0.51. The company has a fifty day moving average price of $49.50 and a 200-day moving average price of $49.04.
Institutional Trading of iShares Core 40/60 Moderate Allocation ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in AOM. Venturi Wealth Management LLC lifted its stake in iShares Core 40/60 Moderate Allocation ETF by 5.2% during the first quarter. Venturi Wealth Management LLC now owns 5,039 shares of the company’s stock worth $239,000 after purchasing an additional 251 shares during the period. CoreCap Advisors LLC grew its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 5.6% in the 2nd quarter. CoreCap Advisors LLC now owns 5,056 shares of the company’s stock valued at $252,000 after purchasing an additional 266 shares during the period. Legacy Financial Group LLC raised its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 3.0% in the 4th quarter. Legacy Financial Group LLC now owns 16,692 shares of the company’s stock worth $808,000 after buying an additional 480 shares in the last quarter. Comprehensive Financial Planning Inc. PA lifted its position in shares of iShares Core 40/60 Moderate Allocation ETF by 48.8% during the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 1,795 shares of the company’s stock worth $90,000 after buying an additional 589 shares during the period. Finally, American Trust lifted its position in shares of iShares Core 40/60 Moderate Allocation ETF by 0.6% during the 3rd quarter. American Trust now owns 98,698 shares of the company’s stock worth $4,696,000 after buying an additional 613 shares during the period.
About iShares Core 40/60 Moderate Allocation ETF
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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