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 large decline in short interest during the month of May. As of May 29th, there was short interest totaling 41,766 shares, a decline of 47.3% from the May 14th total of 79,327 shares. Based on an average trading volume of 305,047 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

Shares of NYSEARCA AOK opened at $41.54 on Tuesday. The firm has a 50 day moving average price of $41.00 and a two-hundred day moving average price of $40.68. The stock has a market cap of $766.41 million, a P/E ratio of 19.61 and a beta of 0.45. iShares Core 30/70 Conservative Allocation ETF has a 52-week low of $38.31 and a 52-week high of $41.63.

Institutional Trading of iShares Core 30/70 Conservative Allocation ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL acquired a new position in iShares Core 30/70 Conservative Allocation ETF during the 4th quarter worth about $15,600,000. Congress Asset Management Co. increased its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 222.0% in the fourth quarter. Congress Asset Management Co. now owns 135,812 shares of the company’s stock valued at $5,450,000 after buying an additional 93,636 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of iShares Core 30/70 Conservative Allocation ETF in the third quarter valued at about $1,640,000. Waterloo Capital L.P. raised its position in shares of iShares Core 30/70 Conservative Allocation ETF by 157.7% during the fourth quarter. Waterloo Capital L.P. now owns 36,058 shares of the company’s stock worth $1,447,000 after acquiring an additional 22,065 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the fourth quarter worth about $1,041,000.

About iShares Core 30/70 Conservative Allocation ETF

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.