iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Reaches New 12-Month High – Time to Buy?

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $41.17 and last traded at $41.05, with a volume of 141801 shares. The stock had previously closed at $41.16.

iShares Core 30/70 Conservative Allocation ETF Trading Down 0.3%

The firm has a market capitalization of $740.95 million, a P/E ratio of 19.61 and a beta of 0.45. The company has a 50-day moving average of $40.64 and a 200-day moving average of $40.29.

Institutional Trading of iShares Core 30/70 Conservative Allocation ETF

A number of large investors have recently bought and sold shares of AOK. Congress Asset Management Co. grew its holdings in iShares Core 30/70 Conservative Allocation ETF by 222.0% during the 4th quarter. Congress Asset Management Co. now owns 135,812 shares of the company’s stock worth $5,450,000 after acquiring an additional 93,636 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of iShares Core 30/70 Conservative Allocation ETF during the 3rd quarter valued at about $1,640,000. Janney Montgomery Scott LLC bought a new stake in shares of iShares Core 30/70 Conservative Allocation ETF during the 4th quarter valued at about $1,041,000. Jones Financial Companies Lllp grew its stake in iShares Core 30/70 Conservative Allocation ETF by 3,663.4% during the first quarter. Jones Financial Companies Lllp now owns 24,161 shares of the company’s stock worth $909,000 after purchasing an additional 23,519 shares during the period. Finally, Waterloo Capital L.P. increased its holdings in iShares Core 30/70 Conservative Allocation ETF by 157.7% in the fourth 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 in the last quarter.

About iShares Core 30/70 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. The Fund is designed for investors seeking current income and capital preservation.