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

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 97,803 shares, an increase of 134.2% from the May 31st total of 41,766 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 190,791 shares, the days-to-cover ratio is currently 0.5 days.

iShares Core 30/70 Conservative Allocation ETF Price Performance

Shares of AOK remained flat at $41.48 during trading hours on Tuesday. 91,379 shares of the company traded hands, compared to its average volume of 198,912. The business’s fifty day moving average is $41.20 and its 200-day moving average is $40.75. iShares Core 30/70 Conservative Allocation ETF has a 1 year low of $38.59 and a 1 year high of $41.63. The firm has a market cap of $765.31 million, a price-to-earnings ratio of 19.61 and a beta of 0.45.

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

Several hedge funds have recently modified their holdings of the company. Congress Asset Management Co. grew its position in shares of 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 valued at $5,450,000 after acquiring an additional 93,636 shares during the period. JPMorgan Chase & Co. purchased a new position in iShares Core 30/70 Conservative Allocation ETF during the third quarter worth approximately $1,640,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of iShares Core 30/70 Conservative Allocation ETF in the fourth quarter valued at approximately $15,600,000. Waterloo Capital L.P. increased its position in shares of 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 valued at $1,447,000 after buying an additional 22,065 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 15.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 19,929 shares of the company’s stock worth $800,000 after buying an additional 2,602 shares during the period.

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.