iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Update

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 102,933 shares, an increase of 95.4% from the April 15th total of 52,679 shares. Based on an average daily volume of 133,796 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the company are sold short.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

Shares of AOK traded down $0.37 during midday trading on Friday, hitting $40.88. 191,004 shares of the stock traded hands, compared to its average volume of 190,940. iShares Core 30/70 Conservative Allocation ETF has a 1-year low of $37.73 and a 1-year high of $41.42. The firm has a market capitalization of $754.24 million, a PE ratio of 19.61 and a beta of 0.45. The business’s 50 day moving average price is $40.48 and its two-hundred day moving average price is $40.55.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new position in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter worth about $30,000. Root Financial Partners LLC acquired a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the third quarter worth approximately $33,000. Flagship Harbor Advisors LLC bought a new position in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter worth approximately $97,000. Farther Finance Advisors LLC grew its holdings in iShares Core 30/70 Conservative Allocation ETF by 175.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,765 shares of the company’s stock worth $111,000 after buying an additional 1,760 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in iShares Core 30/70 Conservative Allocation ETF by 59.9% in the 3rd quarter. NewEdge Advisors LLC now owns 3,270 shares of the company’s stock valued at $131,000 after acquiring 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.