iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Update

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 41,766 shares, a decline of 47.3% from the May 14th total of 79,327 shares. Based on an average daily volume of 305,047 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

iShares Core 30/70 Conservative Allocation ETF Price Performance

NYSEARCA:AOK traded up $0.22 during mid-day trading on Monday, reaching $41.54. 134,097 shares of the company’s stock traded hands, compared to its average volume of 200,005. iShares Core 30/70 Conservative Allocation ETF has a 12-month low of $38.31 and a 12-month high of $41.63. The firm has a market capitalization of $766.41 million, a price-to-earnings ratio of 19.61 and a beta of 0.45. The company has a 50 day moving average price of $41.00 and a 200-day moving average price of $40.68.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. grew its position in shares of 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 buying an additional 458 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in iShares Core 30/70 Conservative Allocation ETF during the 4th quarter valued at approximately $15,600,000. Integrated Wealth Concepts LLC grew its position in iShares Core 30/70 Conservative Allocation ETF by 15.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 19,929 shares of the company’s stock valued at $800,000 after purchasing an additional 2,602 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in iShares Core 30/70 Conservative Allocation ETF during the 4th quarter valued at about $1,041,000. Finally, Waterloo Capital L.P. grew its position in iShares Core 30/70 Conservative Allocation ETF by 157.7% during the 4th 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.

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.