iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Stock Short Interest Climbs 242.0%

by · The Markets Daily

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 254,380 shares, an increase of 242.0% from the September 15th total of 74,374 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 460,331 shares, the short-interest ratio is presently 0.6 days.

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

Large investors have recently made changes to their positions in the stock. Venturi Wealth Management LLC increased its holdings in iShares Core 40/60 Moderate Allocation ETF by 5.2% in the first quarter. Venturi Wealth Management LLC now owns 5,039 shares of the company’s stock valued at $239,000 after buying an additional 251 shares in the last quarter. CoreCap Advisors LLC lifted its position in iShares Core 40/60 Moderate Allocation ETF by 5.6% during the second quarter. CoreCap Advisors LLC now owns 5,056 shares of the company’s stock worth $252,000 after buying an additional 266 shares during the period. Comprehensive Financial Planning Inc. PA lifted its holdings 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 acquiring an additional 589 shares during the period. Leo H. Evart Inc. acquired a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the 2nd quarter valued at $35,000. Finally, Tsfg LLC purchased a new stake in iShares Core 40/60 Moderate Allocation ETF during the second quarter valued at about $53,000.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

iShares Core 40/60 Moderate Allocation ETF stock traded up $0.14 during trading hours on Friday, reaching $48.82. 610,425 shares of the stock were exchanged, compared to its average volume of 201,574. iShares Core 40/60 Moderate Allocation ETF has a 52-week low of $46.60 and a 52-week high of $50.16. The firm’s 50 day moving average is $49.46 and its 200 day moving average is $49.15. The stock has a market cap of $1.93 billion, a P/E ratio of 19.75 and a beta of 0.52.

iShares Core 40/60 Moderate Allocation ETF Company Profile

(Get Free Report)

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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