iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Hits New 12-Month High – Time to Buy?

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $39.00 and last traded at $39.00, with a volume of 1418 shares trading hands. The stock had previously closed at $38.11.

iShares Core Conservative Allocation ETF Stock Down 0.1 %

The firm’s 50-day moving average price is $38.09 and its 200-day moving average price is $37.76. The company has a market cap of $622.61 million, a P/E ratio of 16.35 and a beta of 0.40.

Institutional Trading of iShares Core Conservative Allocation ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new stake in iShares Core Conservative Allocation ETF during the 3rd quarter worth approximately $409,000. Farther Finance Advisors LLC increased its holdings in iShares Core Conservative Allocation ETF by 97,100.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock worth $38,000 after acquiring an additional 971 shares during the period. Creative Financial Designs Inc. ADV increased its holdings 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 acquiring an additional 1,931 shares during the period. Finally, Rothschild Investment LLC bought a new stake in iShares Core Conservative Allocation ETF during the 2nd quarter worth approximately $1,095,000.

About iShares Core Conservative Allocation ETF

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.