iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Sees Strong Trading Volume – Should You Buy?

Shares of iShares Core Conservative Allocation ETF (NYSEARCA:AOK) saw strong trading volume on Monday . 294,509 shares were traded during trading, an increase of 248% from the previous session’s volume of 84,683 shares.The stock last traded at $37.43 and had previously closed at $37.33.

iShares Core Conservative Allocation ETF Price Performance

The firm’s fifty day moving average is $37.88 and its 200-day moving average is $37.82. The firm has a market cap of $611.16 million, a price-to-earnings ratio of 16.35 and a beta of 0.40.

Institutional Trading of iShares Core Conservative Allocation ETF

Large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC lifted its holdings in shares of iShares Core Conservative Allocation ETF by 97,100.0% in the 3rd 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 raised 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 valued at $325,000 after acquiring an additional 1,931 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in shares of iShares Core Conservative Allocation ETF in the third quarter worth $409,000.

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.