iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Sees Large Volume Increase – Time to Buy?

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) shares saw unusually-high trading volume on Thursday . Approximately 303,134 shares traded hands during mid-day trading, an increase of 239% from the previous session’s volume of 89,501 shares.The stock last traded at $38.30 and had previously closed at $38.37.

iShares Core Conservative Allocation ETF Price Performance

The firm has a market cap of $625.22 million, a PE ratio of 16.35 and a beta of 0.40. The business has a 50-day moving average price of $38.17 and a two-hundred day moving average price of $37.22.

Institutional Trading of iShares Core Conservative Allocation ETF

Several large investors have recently modified their holdings of the business. United Community Bank purchased a new stake in shares of iShares Core Conservative Allocation ETF in the first quarter valued at $52,000. JDM Financial Group LLC raised its stake in iShares Core Conservative Allocation ETF by 20.7% in the 1st quarter. JDM Financial Group LLC now owns 9,065 shares of the company’s stock valued at $334,000 after purchasing an additional 1,555 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in iShares Core Conservative Allocation ETF in the 2nd quarter valued at about $1,095,000.

iShares Core 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.