iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Shares Cross Above 200 Day Moving Average – Here’s Why

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $37.60 and traded as high as $38.13. iShares Core Conservative Allocation ETF shares last traded at $38.13, with a volume of 91,518 shares changing hands.

iShares Core Conservative Allocation ETF Stock Down 0.0 %

The firm has a 50-day moving average of $38.14 and a two-hundred day moving average of $37.60. The company has a market capitalization of $623.43 million, a PE ratio of 16.35 and a beta of 0.40.

Institutional Investors Weigh In On iShares Core Conservative Allocation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in AOK. Farther Finance Advisors LLC raised its holdings in iShares Core Conservative Allocation ETF by 97,100.0% during the third quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock worth $38,000 after purchasing an additional 971 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake in shares of 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 in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares Core Conservative Allocation ETF in the 3rd quarter worth approximately $409,000. Finally, Rothschild Investment LLC purchased a new position in iShares Core Conservative Allocation ETF in the 2nd quarter valued at 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.