iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Sees Strong Trading Volume – What’s Next?

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw unusually-strong trading volume on Wednesday . Approximately 771,540 shares were traded during mid-day trading, an increase of 550% from the previous session’s volume of 118,639 shares.The stock last traded at $37.73 and had previously closed at $37.68.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

The stock has a market capitalization of $599.61 million, a PE ratio of 20.59 and a beta of 0.45. The stock’s 50 day moving average is $37.74 and its two-hundred day moving average is $37.93.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Runnymede Capital Advisors Inc. purchased a new position in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Core 30/70 Conservative Allocation ETF during the 4th quarter worth approximately $28,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 12.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 9,481 shares of the company’s stock worth $354,000 after buying an additional 1,077 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of iShares Core 30/70 Conservative Allocation ETF during the 4th quarter worth approximately $59,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 3.7% during the 4th quarter. Ameriprise Financial Inc. now owns 72,324 shares of the company’s stock worth $2,698,000 after buying an additional 2,588 shares during the last quarter.

iShares Core 30/70 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.