iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Sees Significant Decrease in Short Interest

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 41,766 shares, a decrease of 47.3% from the May 14th total of 79,327 shares. Based on an average trading volume of 305,047 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Trading of iShares Core 30/70 Conservative Allocation ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Congress Asset Management Co. raised its holdings in iShares Core 30/70 Conservative Allocation ETF by 222.0% during the fourth quarter. Congress Asset Management Co. now owns 135,812 shares of the company’s stock worth $5,450,000 after acquiring an additional 93,636 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in iShares Core 30/70 Conservative Allocation ETF during the third quarter worth about $1,640,000. Waterloo Capital L.P. raised its holdings in iShares Core 30/70 Conservative Allocation ETF by 157.7% during the fourth quarter. Waterloo Capital L.P. now owns 36,058 shares of the company’s stock worth $1,447,000 after acquiring an additional 22,065 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in iShares Core 30/70 Conservative Allocation ETF during the fourth quarter worth approximately $15,600,000. Finally, Creative Financial Designs Inc. ADV increased its position in iShares Core 30/70 Conservative Allocation ETF by 59.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 14,527 shares of the company’s stock worth $583,000 after buying an additional 5,443 shares during the last quarter.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

AOK traded up $0.06 on Friday, hitting $41.32. 131,250 shares of the company were exchanged, compared to its average volume of 200,594. iShares Core 30/70 Conservative Allocation ETF has a 12 month low of $38.31 and a 12 month high of $41.61. The company has a market cap of $762.35 million, a PE ratio of 19.61 and a beta of 0.45. The stock’s fifty day moving average is $40.97 and its 200-day moving average is $40.67.

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.