iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) shares saw an uptick in trading volume on Friday . 531,106 shares changed hands during mid-day trading, an increase of 180% from the previous session’s volume of 189,874 shares.The stock last traded at $41.04 and had previously closed at $40.97.

iShares Core 30/70 Conservative Allocation ETF Stock Up 0.0%

The stock has a market cap of $756.27 million, a PE ratio of 19.61 and a beta of 0.45. The business has a 50 day moving average price of $40.47 and a 200 day moving average price of $40.50.

Institutional Trading of iShares Core 30/70 Conservative Allocation ETF

A number of hedge funds have recently modified their holdings of AOK. Jones Financial Companies Lllp boosted its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 3,663.4% in the first quarter. Jones Financial Companies Lllp now owns 24,161 shares of the company’s stock worth $909,000 after buying an additional 23,519 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of iShares Core 30/70 Conservative Allocation ETF in the third quarter worth about $33,000. Transcendent Capital Group LLC boosted its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 31.2% in the third quarter. Transcendent Capital Group LLC now owns 7,713 shares of the company’s stock worth $310,000 after buying an additional 1,836 shares during the last quarter. Waterloo Capital L.P. boosted its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 31.2% in the third quarter. Waterloo Capital L.P. now owns 13,993 shares of the company’s stock worth $562,000 after buying an additional 3,329 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new stake in shares of iShares Core 30/70 Conservative Allocation ETF in the third quarter worth about $204,000.

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.