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

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) shares saw an uptick in trading volume on Thursday . 969,112 shares changed hands during trading, an increase of 257% from the previous session’s volume of 271,093 shares.The stock last traded at $37.39 and had previously closed at $37.33.

iShares Core Conservative Allocation ETF Stock Up 0.1 %

The company has a market cap of $611.16 million, a PE ratio of 16.35 and a beta of 0.40. The stock has a 50-day simple moving average of $37.77 and a 200 day simple moving average of $37.82.

Institutional Investors Weigh In On iShares Core Conservative Allocation ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC grew its stake in shares of iShares Core Conservative Allocation ETF by 97,100.0% in the third quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock worth $38,000 after acquiring an additional 971 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in iShares Core Conservative Allocation ETF by 29.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 8,404 shares of the company’s stock worth $325,000 after purchasing an additional 1,931 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in iShares Core Conservative Allocation ETF during the 3rd quarter worth about $409,000. Finally, Fortitude Family Office LLC acquired a new stake in iShares Core Conservative Allocation ETF in the 4th quarter valued at about $622,000.

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.