iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Sees Unusually-High Trading Volume – Here’s What Happened
by Danessa Lincoln · The Markets DailyiShares Core Conservative Allocation ETF (NYSEARCA:AOK – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 197,079 shares changed hands during mid-day trading, an increase of 96% from the previous session’s volume of 100,481 shares.The stock last traded at $37.30 and had previously closed at $37.35.
iShares Core Conservative Allocation ETF Stock Performance
The company has a market capitalization of $610.51 million, a P/E ratio of 16.35 and a beta of 0.40. The company has a 50-day simple moving average of $38.04 and a 200 day simple moving average of $37.79.
Institutional Investors Weigh In On iShares Core Conservative Allocation ETF
Institutional investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new position in shares of iShares Core Conservative Allocation ETF in the 2nd quarter worth approximately $1,095,000. Integrated Wealth Concepts LLC acquired a new position in iShares Core Conservative Allocation ETF during the third quarter worth $409,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of iShares Core Conservative Allocation ETF by 29.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 8,404 shares of the company’s stock valued at $325,000 after acquiring an additional 1,931 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of iShares Core Conservative Allocation ETF by 97,100.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock valued at $38,000 after purchasing an additional 971 shares in the last quarter.
iShares Core Conservative Allocation ETF Company Profile
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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