iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Stock Price Down 0% – Here’s Why

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK)’s share price fell 0% on Wednesday . The stock traded as low as $40.29 and last traded at $40.29. 31,066 shares were traded during mid-day trading, a decline of 77% from the average session volume of 137,987 shares. The stock had previously closed at $40.30.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

The stock’s fifty day simple moving average is $40.41 and its 200-day simple moving average is $39.72. The stock has a market cap of $686.94 million, a P/E ratio of 19.61 and a beta of 0.45.

Institutional Investors Weigh In On iShares Core 30/70 Conservative Allocation ETF

A number of large investors have recently added to or reduced their stakes in the stock. IMA Advisory Services Inc. raised its holdings in iShares Core 30/70 Conservative Allocation ETF by 4.2% in the 2nd quarter. IMA Advisory Services Inc. now owns 7,212 shares of the company’s stock valued at $267,000 after acquiring an additional 291 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of iShares Core 30/70 Conservative Allocation ETF by 5.5% in the second quarter. Creative Financial Designs Inc. ADV now owns 9,084 shares of the company’s stock worth $355,000 after purchasing an additional 475 shares during the period. TD Private Client Wealth LLC bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF in the second quarter worth $29,000. Root Financial Partners LLC acquired a new position in iShares Core 30/70 Conservative Allocation ETF in the third quarter valued at about $33,000. Finally, NewEdge Advisors LLC lifted its position in iShares Core 30/70 Conservative Allocation ETF by 59.9% during the third quarter. NewEdge Advisors LLC now owns 3,270 shares of the company’s stock worth $131,000 after purchasing an additional 1,225 shares during the period.

iShares Core 30/70 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. The Fund is designed for investors seeking current income and capital preservation.