iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Reaches New 52-Week High – Here’s What Happened

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

iShares Core 30/70 Conservative Allocation ETF Stock Performance

The firm has a market cap of $740.95 million, a price-to-earnings ratio of 19.61 and a beta of 0.45. The business has a 50 day simple moving average of $40.64 and a 200-day simple moving average of $40.29.

Institutional Investors Weigh In On iShares Core 30/70 Conservative Allocation ETF

Several institutional investors have recently bought and sold shares of AOK. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter valued at $30,000. Root Financial Partners LLC bought a new stake in shares of iShares Core 30/70 Conservative Allocation ETF in the 3rd quarter worth $33,000. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Core 30/70 Conservative Allocation ETF in the fourth quarter valued at about $97,000. Golden State Wealth Management LLC bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the second quarter valued at about $103,000. Finally, Farther Finance Advisors LLC lifted its position in shares of iShares Core 30/70 Conservative Allocation ETF by 175.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,765 shares of the company’s stock valued at $111,000 after purchasing an additional 1,760 shares in 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. The Fund is designed for investors seeking current income and capital preservation.