iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Short Interest Update

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 44,149 shares, an increase of 234.8% from the June 30th total of 13,186 shares. Based on an average daily volume of 124,780 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

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

Several institutional investors have recently modified their holdings of the business. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the fourth quarter worth $28,000. Ascentis Independent Advisors acquired a new stake in shares of iShares Core 40/60 Moderate Allocation ETF in the first quarter valued at $53,000. Vermillion & White Wealth Management Group LLC raised its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 4,656.7% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,427 shares of the company’s stock valued at $68,000 after acquiring an additional 1,397 shares in the last quarter. Parallel Advisors LLC boosted its holdings in iShares Core 40/60 Moderate Allocation ETF by 128.7% in the fourth quarter. Parallel Advisors LLC now owns 3,554 shares of the company’s stock valued at $170,000 after purchasing an additional 2,000 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in iShares Core 40/60 Moderate Allocation ETF by 161.2% in the fourth quarter. Farther Finance Advisors LLC now owns 3,594 shares of the company’s stock valued at $172,000 after purchasing an additional 2,218 shares during the period.

iShares Core 40/60 Moderate Allocation ETF Price Performance

Shares of AOM stock remained flat at $48.83 during trading on Friday. 113,487 shares of the company were exchanged, compared to its average volume of 160,199. iShares Core 40/60 Moderate Allocation ETF has a 52-week low of $45.61 and a 52-week high of $50.10. The company has a fifty day simple moving average of $49.47 and a 200-day simple moving average of $48.76. The firm has a market cap of $1.74 billion, a P/E ratio of 19.75 and a beta of 0.51.

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.