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

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 102,933 shares, a growth of 95.4% from the April 15th total of 52,679 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 133,796 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of iShares Core 30/70 Conservative Allocation ETF

Hedge funds have recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC bought a new position in iShares Core 30/70 Conservative Allocation ETF during the 4th quarter valued at $30,000. Root Financial Partners LLC acquired a new stake in iShares Core 30/70 Conservative Allocation ETF during the third quarter valued at approximately $33,000. Flagship Harbor Advisors LLC bought a new position in iShares Core 30/70 Conservative Allocation ETF during the 4th quarter worth approximately $97,000. Farther Finance Advisors LLC lifted its holdings in iShares Core 30/70 Conservative Allocation ETF by 175.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,765 shares of the company’s stock worth $111,000 after buying an additional 1,760 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of iShares Core 30/70 Conservative Allocation ETF by 59.9% in the 3rd quarter. NewEdge Advisors LLC now owns 3,270 shares of the company’s stock worth $131,000 after acquiring an additional 1,225 shares in the last quarter.

iShares Core 30/70 Conservative Allocation ETF Trading Down 0.9%

NYSEARCA AOK traded down $0.37 during mid-day trading on Friday, reaching $40.88. 191,004 shares of the company’s stock traded hands, compared to its average volume of 190,940. iShares Core 30/70 Conservative Allocation ETF has a 1-year low of $37.73 and a 1-year high of $41.42. The company has a fifty day simple moving average of $40.48 and a 200-day simple moving average of $40.55. The company has a market cap of $754.24 million, a price-to-earnings ratio of 19.61 and a beta of 0.45.

About iShares Core 30/70 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. The Fund is designed for investors seeking current income and capital preservation.