iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Sees Unusually-High Trading Volume – Still a Buy?

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) shares saw unusually-strong trading volume on Monday . Approximately 101,069 shares changed hands during trading, a decline of 6% from the previous session’s volume of 107,062 shares.The stock last traded at $37.30 and had previously closed at $37.38.

iShares Core Conservative Allocation ETF Stock Down 0.1 %

The stock’s fifty day simple moving average is $37.92 and its 200-day simple moving average is $37.82. The company has a market capitalization of $609.86 million, a PE ratio of 16.35 and a beta of 0.40.

Institutional Trading of iShares Core Conservative Allocation ETF

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC grew its position in shares of iShares Core Conservative Allocation ETF by 97,100.0% in the third quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock valued at $38,000 after purchasing an additional 971 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in iShares Core Conservative Allocation ETF by 29.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 8,404 shares of the company’s stock valued at $325,000 after buying an additional 1,931 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in iShares Core Conservative Allocation ETF during the 3rd quarter valued at $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.