iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Sees Strong Trading Volume – What’s Next?

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) shares saw an uptick in trading volume on Thursday . 969,112 shares traded hands during mid-day trading, an increase of 257% from the previous session’s volume of 271,093 shares.The stock last traded at $37.39 and had previously closed at $37.33.

iShares Core Conservative Allocation ETF Trading Up 0.1 %

The company has a market cap of $611.16 million, a PE ratio of 16.35 and a beta of 0.40. The stock has a fifty day simple moving average of $37.77 and a two-hundred day simple moving average of $37.82.

Institutional Trading of iShares Core Conservative Allocation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Fortitude Family Office LLC acquired a new stake in iShares Core Conservative Allocation ETF in the fourth quarter valued at $622,000. Integrated Wealth Concepts LLC purchased a new stake in shares of iShares Core Conservative Allocation ETF in the 3rd quarter worth about $409,000. Creative Financial Designs Inc. ADV increased its holdings in iShares Core Conservative Allocation ETF by 29.8% during the 3rd 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 in the last quarter. Finally, Farther Finance Advisors LLC raised its position in iShares Core Conservative Allocation ETF by 97,100.0% during the third quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock worth $38,000 after acquiring an additional 971 shares during 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.