iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Update

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 61,685 shares, a drop of 36.9% from the June 15th total of 97,803 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 186,610 shares, the short-interest ratio is presently 0.3 days.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

NYSEARCA AOK opened at $41.04 on Friday. iShares Core 30/70 Conservative Allocation ETF has a one year low of $38.82 and a one year high of $41.63. The stock has a 50-day moving average of $41.25 and a 200 day moving average of $40.82. The company has a market capitalization of $808.49 million, a price-to-earnings ratio of 19.61 and a beta of 0.45.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp raised its position in iShares Core 30/70 Conservative Allocation ETF by 3,663.4% in the 1st 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. JPMorgan Chase & Co. bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the 3rd quarter worth $1,640,000. Integrated Wealth Concepts LLC bought a new position in iShares Core 30/70 Conservative Allocation ETF during the 3rd quarter worth about $696,000. NewEdge Advisors LLC increased its holdings in iShares Core 30/70 Conservative Allocation ETF by 59.9% during the third quarter. NewEdge Advisors LLC now owns 3,270 shares of the company’s stock valued at $131,000 after buying an additional 1,225 shares during the period. Finally, Congress Asset Management Co. increased its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 222.0% in the 4th quarter. Congress Asset Management Co. now owns 135,812 shares of the company’s stock valued at $5,450,000 after acquiring an additional 93,636 shares during the period.

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.