iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM – Get Free Report) was the recipient of a significant increase in short interest in 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 short sold. Based on an average trading volume of 460,331 shares, the short-interest ratio is currently 0.6 days.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Compass Financial Management LLC bought a new stake in shares of iShares Core 40/60 Moderate Allocation ETF during the second quarter valued at about $288,000. Comprehensive Financial Planning Inc. PA lifted its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 48.8% in the second 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 in the last quarter. United Community Bank boosted its position in shares of iShares Core 40/60 Moderate Allocation ETF by 285.0% in the second quarter. United Community Bank now owns 1,925 shares of the company’s stock valued at $96,000 after acquiring an additional 1,425 shares during the period. Leo H. Evart Inc. bought a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the second quarter valued at approximately $35,000. Finally, Continuum Advisory LLC bought a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the second quarter valued at approximately $398,000.
iShares Core 40/60 Moderate Allocation ETF Stock Performance
Shares of iShares Core 40/60 Moderate Allocation ETF stock remained flat at $48.77 during trading hours on Tuesday. The stock had a trading volume of 154,915 shares, compared to its average volume of 202,213. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 19.75 and a beta of 0.52. iShares Core 40/60 Moderate Allocation ETF has a 52-week low of $46.60 and a 52-week high of $50.16. The business has a 50 day moving average price of $49.44 and a two-hundred day moving average price of $49.17.
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.
See Also
- Five stocks we like better than iShares Core 40/60 Moderate Allocation ETF
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
- IonQ Fell 9% on a $1.3 Billion Deal—Is Wall Street Missing Something?
- JPMorgan Earnings Miss Estimates But Reveal Broad-Based Strength
- Flex’s AI Infrastructure Spin-Off Could Unlock Hidden Value
Receive News & Ratings for iShares Core 40/60 Moderate Allocation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core 40/60 Moderate Allocation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
