iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Hits New 1-Year High – Here’s What Happened

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOKGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $41.42 and last traded at $41.40, with a volume of 599249 shares trading hands. The stock had previously closed at $41.16.

iShares Core 30/70 Conservative Allocation ETF Price Performance

The company has a market capitalization of $765.49 million, a P/E ratio of 19.61 and a beta of 0.45. The company has a fifty day moving average price of $40.63 and a 200 day moving average price of $40.59.

Hedge Funds Weigh In On iShares Core 30/70 Conservative Allocation ETF

Several institutional investors have recently made changes to their positions in the stock. Strategic Investment Solutions Inc. IL bought a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the fourth quarter valued at approximately $15,600,000. Congress Asset Management Co. grew its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 222.0% during the fourth quarter. Congress Asset Management Co. now owns 135,812 shares of the company’s stock valued at $5,450,000 after purchasing 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 approximately $1,640,000. Waterloo Capital L.P. grew its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 157.7% during the fourth quarter. Waterloo Capital L.P. now owns 36,058 shares of the company’s stock valued at $1,447,000 after purchasing an additional 22,065 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the fourth quarter worth approximately $1,041,000.

About iShares Core 30/70 Conservative Allocation ETF

(Get Free Report)

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.

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