iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Sees Strong Trading Volume – Here’s Why

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) saw unusually-strong trading volume on Monday . Approximately 266,878 shares were traded during trading, an increase of 181% from the previous session’s volume of 95,053 shares.The stock last traded at $38.16 and had previously closed at $38.10.

iShares Core Conservative Allocation ETF Stock Performance

The firm has a market cap of $613.78 million, a PE ratio of 16.35 and a beta of 0.40. The firm has a fifty day simple moving average of $38.07 and a two-hundred day simple moving average of $37.77.

Hedge Funds Weigh In On iShares Core Conservative Allocation ETF

Several institutional investors have recently added to or reduced their stakes in AOK. Rothschild Investment LLC purchased a new position in shares of iShares Core Conservative Allocation ETF in the 2nd quarter worth approximately $1,095,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of iShares Core Conservative Allocation ETF by 29.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 8,404 shares of the company’s stock worth $325,000 after purchasing an additional 1,931 shares during the period. Farther Finance Advisors LLC boosted its holdings 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 worth $38,000 after purchasing an additional 971 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of iShares Core Conservative Allocation ETF during the 3rd quarter worth approximately $409,000.

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.