iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Sees Strong Trading Volume – Still a Buy?

Shares of iShares Core Conservative Allocation ETF (NYSEARCA:AOKGet Free Report) saw an uptick in trading volume on Monday . 197,079 shares were traded during trading, an increase of 96% from the previous session’s volume of 100,481 shares.The stock last traded at $37.30 and had previously closed at $37.35.

iShares Core Conservative Allocation ETF Price Performance

The stock has a market capitalization of $612.47 million, a P/E ratio of 16.35 and a beta of 0.40. The firm has a 50 day moving average of $38.02 and a 200-day moving average of $37.79.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in iShares Core Conservative Allocation ETF by 97,100.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock valued at $38,000 after purchasing an additional 971 shares during the period. Creative Financial Designs Inc. ADV raised its position in iShares Core Conservative Allocation ETF by 29.8% in the third quarter. Creative Financial Designs Inc. ADV now owns 8,404 shares of the company’s stock valued at $325,000 after purchasing an additional 1,931 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in iShares Core Conservative Allocation ETF during the 3rd quarter worth approximately $409,000. Finally, Rothschild Investment LLC acquired a new stake in shares of iShares Core Conservative Allocation ETF in the second quarter valued at about $1,095,000.

About iShares Core Conservative Allocation ETF

(Get Free Report)

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.

Further Reading

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