iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Hits New 1-Year High at $38.30

Shares of iShares Core Conservative Allocation ETF (NYSEARCA:AOK) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $38.30 and last traded at $38.30, with a volume of 58379 shares. The stock had previously closed at $38.15.

iShares Core Conservative Allocation ETF Price Performance

The company has a market capitalization of $627.61 million, a price-to-earnings ratio of 16.35 and a beta of 0.40. The firm has a fifty day simple moving average of $37.64 and a 200 day simple moving average of $36.92.

Institutional Investors Weigh In On iShares Core Conservative Allocation ETF

Several large investors have recently bought and sold shares of the company. Rothschild Investment LLC purchased a new stake in iShares Core Conservative Allocation ETF during the 2nd quarter valued at about $1,095,000. JDM Financial Group LLC grew its position in shares of iShares Core Conservative Allocation ETF by 20.7% in the first quarter. JDM Financial Group LLC now owns 9,065 shares of the company’s stock valued at $334,000 after purchasing an additional 1,555 shares in the last quarter. United Community Bank acquired a new stake in shares of iShares Core Conservative Allocation ETF in the first quarter valued at approximately $52,000. Congress Asset Management Co. MA lifted its position in iShares Core Conservative Allocation ETF by 262.3% during the fourth quarter. Congress Asset Management Co. MA now owns 129,735 shares of the company’s stock worth $4,690,000 after buying an additional 93,930 shares in the last quarter. Finally, Comerica Bank boosted its stake in iShares Core Conservative Allocation ETF by 986.0% during the fourth quarter. Comerica Bank now owns 40,355 shares of the company’s stock worth $1,459,000 after buying an additional 36,639 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.