iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Reaches New 1-Year High at $37.46

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) hit a new 52-week high on Thursday . The stock traded as high as $37.46 and last traded at $37.46, with a volume of 7230 shares changing hands. The stock had previously closed at $37.29.

iShares Core Conservative Allocation ETF Price Performance

The firm has a fifty day simple moving average of $36.82 and a two-hundred day simple moving average of $36.39. The firm has a market capitalization of $612.80 million, a P/E ratio of 16.35 and a beta of 0.40.

Hedge Funds Weigh In On iShares Core Conservative Allocation ETF

A number of large investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc boosted its holdings in shares of iShares Core Conservative Allocation ETF by 18.0% in the fourth quarter. AdvisorNet Financial Inc now owns 1,893 shares of the company’s stock worth $68,000 after acquiring an additional 289 shares during the period. JDM Financial Group LLC boosted its holdings in shares of iShares Core Conservative Allocation ETF by 21.2% in the fourth quarter. JDM Financial Group LLC now owns 7,510 shares of the company’s stock worth $271,000 after acquiring an additional 1,312 shares during the period. United Community Bank bought a new position in shares of iShares Core Conservative Allocation ETF in the first quarter worth $52,000. WestEnd Advisors LLC boosted its holdings in shares of iShares Core Conservative Allocation ETF by 1,552.4% in the fourth quarter. WestEnd Advisors LLC now owns 5,486 shares of the company’s stock worth $198,000 after acquiring an additional 5,154 shares during the period. Finally, Waterloo Capital L.P. boosted its holdings in shares of iShares Core Conservative Allocation ETF by 122.5% in the fourth quarter. Waterloo Capital L.P. now owns 18,394 shares of the company’s stock worth $665,000 after acquiring an additional 10,127 shares during the period.

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.