iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Shares Down 0.2% – Here’s What Happened

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) fell 0.2% during mid-day trading on Wednesday. The stock traded as low as $40.19 and last traded at $40.40. Approximately 285,100 shares changed hands during mid-day trading, an increase of 52% from the average session volume of 188,030 shares. The stock had previously closed at $40.48.

iShares Core 30/70 Conservative Allocation ETF Stock Up 0.2%

The firm has a 50-day simple moving average of $41.01 and a 200-day simple moving average of $40.96. The stock has a market cap of $828.12 million, a PE ratio of 19.61 and a beta of 0.45.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AOK. Strategic Investment Solutions Inc. IL bought a new stake in iShares Core 30/70 Conservative Allocation ETF in the fourth quarter worth $15,600,000. Compass Financial Management LLC purchased a new position in shares of iShares Core 30/70 Conservative Allocation ETF in the second quarter worth about $214,000. Finally, Sunbelt Securities Inc. lifted its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 127.9% in the 1st quarter. Sunbelt Securities Inc. now owns 816 shares of the company’s stock valued at $33,000 after acquiring an additional 458 shares during the last quarter.

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.