iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Up 134.2% in June

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw 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. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 190,791 shares, the days-to-cover ratio is presently 0.5 days.

iShares Core 30/70 Conservative Allocation ETF Price Performance

NYSEARCA:AOK traded up $0.14 during mid-day trading on Monday, hitting $41.46. 179,798 shares of the company’s stock were exchanged, compared to its average volume of 199,479. iShares Core 30/70 Conservative Allocation ETF has a one year low of $38.59 and a one year high of $41.63. The business has a fifty day moving average price of $41.18 and a 200 day moving average price of $40.73. The company has a market cap of $764.94 million, a PE ratio of 19.61 and a beta of 0.45.

Institutional Trading of iShares Core 30/70 Conservative Allocation ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Strategic Investment Solutions Inc. IL purchased a new position in iShares Core 30/70 Conservative Allocation ETF during the fourth quarter valued at $15,600,000. Congress Asset Management Co. grew its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 222.0% in 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 during the last quarter. JPMorgan Chase & Co. bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the third quarter valued at $1,640,000. Janney Montgomery Scott LLC bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the fourth quarter valued at $1,041,000. Finally, Jones Financial Companies Lllp raised its position in shares of iShares Core 30/70 Conservative Allocation ETF by 3,663.4% in the 1st quarter. Jones Financial Companies Lllp now owns 24,161 shares of the company’s stock worth $909,000 after purchasing an additional 23,519 shares during the last quarter.

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.