iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Down 41.5% in August

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 45,759 shares, a decrease of 41.5% from the August 15th total of 78,250 shares. Based on an average daily volume of 92,812 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

iShares Core 30/70 Conservative Allocation ETF Trading Down 0.1%

Shares of iShares Core 30/70 Conservative Allocation ETF stock traded down $0.05 during midday trading on Wednesday, reaching $40.62. The company had a trading volume of 226,919 shares, compared to its average volume of 179,378. The stock has a fifty day simple moving average of $41.15 and a 200 day simple moving average of $40.95. iShares Core 30/70 Conservative Allocation ETF has a 1-year low of $39.31 and a 1-year high of $41.63. The company has a market capitalization of $781.93 million, a price-to-earnings ratio of 19.61 and a beta of 0.45.

Institutional Investors Weigh In On iShares Core 30/70 Conservative Allocation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AOK. Sunbelt Securities Inc. lifted its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 127.9% during the first 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 period. Compass Financial Management LLC acquired a new stake in iShares Core 30/70 Conservative Allocation ETF in the second quarter worth about $214,000. Creative Financial Designs Inc. ADV raised its holdings in iShares Core 30/70 Conservative Allocation ETF by 3.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 14,975 shares of the company’s stock worth $601,000 after purchasing an additional 448 shares during the last quarter. Waterloo Capital L.P. raised its holdings in iShares Core 30/70 Conservative Allocation ETF by 157.7% during the 4th quarter. Waterloo Capital L.P. now owns 36,058 shares of the company’s stock worth $1,447,000 after purchasing an additional 22,065 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new position in iShares Core 30/70 Conservative Allocation ETF during the 4th quarter valued at about $15,600,000.

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.