iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Hits New 12-Month High at $37.66

iShares Core Conservative Allocation ETF (NYSEARCA:AOK)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $37.66 and last traded at $37.66, with a volume of 20494 shares traded. The stock had previously closed at $37.61.

iShares Core Conservative Allocation ETF Trading Up 0.1 %

The company has a fifty day moving average price of $37.14 and a two-hundred day moving average price of $36.61. The firm has a market cap of $615.25 million, a P/E ratio of 16.35 and a beta of 0.40.

Institutional Investors Weigh In On iShares Core Conservative Allocation ETF

Institutional investors have recently added to or reduced their stakes in the stock. Congress Asset Management Co. MA grew its stake in shares of iShares Core Conservative Allocation ETF by 262.3% during the 4th quarter. Congress Asset Management Co. MA now owns 129,735 shares of the company’s stock worth $4,690,000 after acquiring an additional 93,930 shares in the last quarter. Comerica Bank grew its position in iShares Core Conservative Allocation ETF by 986.0% in the fourth quarter. Comerica Bank now owns 40,355 shares of the company’s stock valued at $1,459,000 after purchasing an additional 36,639 shares in the last quarter. Rothschild Investment LLC acquired a new stake in iShares Core Conservative Allocation ETF in the 2nd quarter valued at $1,095,000. Janney Montgomery Scott LLC lifted its position in iShares Core Conservative Allocation ETF by 189.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 27,824 shares of the company’s stock worth $1,006,000 after buying an additional 18,199 shares in the last quarter. Finally, Waterloo Capital L.P. boosted its stake in shares of iShares Core Conservative Allocation ETF by 122.5% during the 4th quarter. Waterloo Capital L.P. now owns 18,394 shares of the company’s stock worth $665,000 after buying an additional 10,127 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.