iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Down 36.9% in June

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 61,685 shares, a drop of 36.9% from the June 15th total of 97,803 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 186,610 shares, the days-to-cover ratio is currently 0.3 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Core 30/70 Conservative Allocation ETF during the fourth quarter worth about $30,000. Sunbelt Securities Inc. raised its holdings in 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 valued at $33,000 after acquiring an additional 458 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter worth approximately $97,000. Farther Finance Advisors LLC lifted its stake in iShares Core 30/70 Conservative Allocation ETF by 175.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,765 shares of the company’s stock worth $111,000 after purchasing an additional 1,760 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 59.9% during the 3rd quarter. NewEdge Advisors LLC now owns 3,270 shares of the company’s stock worth $131,000 after purchasing an additional 1,225 shares during the last quarter.

iShares Core 30/70 Conservative Allocation ETF Stock Down 0.2%

Shares of NYSEARCA:AOK traded down $0.09 during trading on Friday, reaching $41.05. 63,973 shares of the company’s stock traded hands, compared to its average volume of 190,515. iShares Core 30/70 Conservative Allocation ETF has a fifty-two week low of $38.82 and a fifty-two week high of $41.63. The firm has a market cap of $806.63 million, a PE ratio of 19.61 and a beta of 0.45. The company has a 50-day simple moving average of $41.25 and a 200-day simple moving average of $40.82.

About iShares Core 30/70 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. The Fund is designed for investors seeking current income and capital preservation.