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

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 13,186 shares, a decline of 62.2% from the June 15th total of 34,925 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 183,117 shares, the days-to-cover ratio is presently 0.1 days.

iShares Core 40/60 Moderate Allocation ETF Price Performance

Shares of iShares Core 40/60 Moderate Allocation ETF stock opened at $49.41 on Monday. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51. The business has a 50-day moving average of $49.51 and a 200 day moving average of $48.68. iShares Core 40/60 Moderate Allocation ETF has a 12 month low of $45.31 and a 12 month high of $50.10.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AOM. Flagship Harbor Advisors LLC acquired a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the fourth quarter valued at approximately $28,000. Painted Porch Advisors LLC purchased a new stake in iShares Core 40/60 Moderate Allocation ETF during the 3rd quarter worth approximately $51,000. Ascentis Independent Advisors acquired a new stake in iShares Core 40/60 Moderate Allocation ETF during the 1st quarter worth approximately $53,000. Vermillion & White Wealth Management Group LLC lifted its holdings in iShares Core 40/60 Moderate Allocation ETF by 4,656.7% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,427 shares of the company’s stock worth $68,000 after buying an additional 1,397 shares in the last quarter. Finally, Strategic Advocates LLC purchased a new position in iShares Core 40/60 Moderate Allocation ETF in the 3rd quarter valued at approximately $135,000.

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.