iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Sees Unusually-High Trading Volume

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) saw unusually-high trading volume on Monday . Approximately 313,805 shares were traded during trading, an increase of 251% from the previous session’s volume of 89,447 shares.The stock last traded at $38.45 and had previously closed at $38.39.

iShares Core Conservative Allocation ETF Stock Up 0.2 %

The stock has a fifty day moving average price of $37.64 and a 200-day moving average price of $36.93. The firm has a market cap of $628.98 million, a price-to-earnings ratio of 16.35 and a beta of 0.40.

Institutional Trading of iShares Core Conservative Allocation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Congress Asset Management Co. MA boosted its stake in shares of iShares Core Conservative Allocation ETF by 262.3% in the fourth quarter. Congress Asset Management Co. MA now owns 129,735 shares of the company’s stock valued at $4,690,000 after buying an additional 93,930 shares in the last quarter. Comerica Bank boosted its position in shares of iShares Core Conservative Allocation ETF by 986.0% during the 4th quarter. Comerica Bank now owns 40,355 shares of the company’s stock worth $1,459,000 after purchasing an additional 36,639 shares in the last quarter. Rothschild Investment LLC purchased a new stake in shares of iShares Core Conservative Allocation ETF during the 2nd quarter worth $1,095,000. Janney Montgomery Scott LLC grew its stake in shares of iShares Core Conservative Allocation ETF by 189.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 27,824 shares of the company’s stock worth $1,006,000 after purchasing an additional 18,199 shares during the period. Finally, Waterloo Capital L.P. increased its holdings in shares of iShares Core Conservative Allocation ETF by 122.5% in the 4th quarter. Waterloo Capital L.P. now owns 18,394 shares of the company’s stock valued at $665,000 after purchasing an additional 10,127 shares in the last quarter.

About iShares Core 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.