iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Sees Significant Decrease in Short Interest

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totaling 19,855 shares, a decline of 72.1% from the March 31st total of 71,119 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 211,490 shares, the days-to-cover ratio is currently 0.1 days.

iShares Core 40/60 Moderate Allocation ETF Trading Up 0.4%

NYSEARCA AOM traded up $0.21 during trading on Friday, hitting $48.90. 97,237 shares of the company’s stock were exchanged, compared to its average volume of 167,853. The company has a market cap of $1.72 billion, a PE ratio of 19.75 and a beta of 0.52. iShares Core 40/60 Moderate Allocation ETF has a fifty-two week low of $43.41 and a fifty-two week high of $49.25. The stock’s 50 day moving average price is $48.15 and its two-hundred day moving average price is $48.06.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of AOM. Jones Financial Companies Lllp increased its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 44.2% in the first quarter. Jones Financial Companies Lllp now owns 11,977 shares of the company’s stock valued at $576,000 after buying an additional 3,670 shares during the period. JPMorgan Chase & Co. increased its stake in shares of 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 buying an additional 27,156 shares during the period. Ameriprise Financial Inc. increased its stake 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 during the period. Captrust Financial Advisors increased its stake 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 buying an additional 15,899 shares during the period. Finally, CoreCap Advisors LLC increased its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 6.8% in the third quarter. CoreCap Advisors LLC now owns 4,040 shares of the company’s stock valued at $192,000 after buying an additional 257 shares during the period.

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.