iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Sees Large Volume Increase – Here’s What Happened

by · The Cerbat Gem

Shares of iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 463,191 shares were traded during mid-day trading, an increase of 247% from the previous session’s volume of 133,593 shares.The stock last traded at $40.4650 and had previously closed at $40.42.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

The firm has a 50 day simple moving average of $40.32 and a two-hundred day simple moving average of $39.47. The firm has a market capitalization of $690.27 million, a P/E ratio of 19.61 and a beta of 0.45.

Institutional Trading of iShares Core 30/70 Conservative Allocation ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its position in shares of iShares Core 30/70 Conservative Allocation ETF by 3,663.4% in the 1st quarter. Jones Financial Companies Lllp now owns 24,161 shares of the company’s stock worth $909,000 after purchasing an additional 23,519 shares during the last quarter. TD Private Client Wealth LLC purchased a new stake in shares of iShares Core 30/70 Conservative Allocation ETF during the 2nd quarter worth approximately $29,000. Transcendent Capital Group LLC bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the 2nd quarter valued at approximately $230,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 5.5% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 9,084 shares of the company’s stock worth $355,000 after buying an additional 475 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF in the 2nd quarter valued at about $103,000.

About iShares Core 30/70 Conservative Allocation ETF

(Get Free Report)

iShares Conservative Allocation ETF, formerly iShares S&P Conservative 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 Conservative Index (the Conservative Allocation Index). The Conservative Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a conservative risk profile.

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