iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Down 36.9% in June

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 61,685 shares, a drop of 36.9% from the June 15th total of 97,803 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 186,610 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sunbelt Securities Inc. grew its position in iShares Core 30/70 Conservative Allocation ETF by 127.9% in the 1st quarter. Sunbelt Securities Inc. now owns 816 shares of the company’s stock worth $33,000 after purchasing an additional 458 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the fourth quarter worth approximately $15,600,000. Integrated Wealth Concepts LLC boosted its position in shares of iShares Core 30/70 Conservative Allocation ETF by 15.0% during the fourth 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. Janney Montgomery Scott LLC bought a new position in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter worth approximately $1,041,000. Finally, Waterloo Capital L.P. grew its holdings in iShares Core 30/70 Conservative Allocation ETF by 157.7% in the 4th quarter. Waterloo Capital L.P. now owns 36,058 shares of the company’s stock worth $1,447,000 after buying an additional 22,065 shares in the last quarter.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

Shares of AOK opened at $41.04 on Friday. iShares Core 30/70 Conservative Allocation ETF has a 1 year low of $38.82 and a 1 year high of $41.63. The company has a market cap of $808.49 million, a price-to-earnings ratio of 19.61 and a beta of 0.45. The firm has a fifty day moving average of $41.25 and a 200-day moving average of $40.82.

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.