iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Up 171.3% in July

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 112,711 shares, a growth of 171.3% from the July 15th total of 41,548 shares. Based on an average trading volume of 164,170 shares, the short-interest ratio is presently 0.7 days. Approximately 0.6% of the company’s stock are sold short.

iShares Core 30/70 Conservative Allocation ETF Stock Up 0.3%

Shares of NYSEARCA AOK opened at $41.53 on Friday. The firm has a market cap of $799.45 million, a PE ratio of 19.61 and a beta of 0.45. The company’s fifty day simple moving average is $41.19 and its 200 day simple moving average is $40.90. iShares Core 30/70 Conservative Allocation ETF has a 12-month low of $39.21 and a 12-month high of $41.63.

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

A number of institutional investors and hedge funds have recently made changes to their positions in AOK. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Core 30/70 Conservative Allocation ETF in the 4th quarter valued at about $30,000. Sunbelt Securities Inc. raised its stake in iShares Core 30/70 Conservative Allocation ETF by 127.9% during 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. Farther Finance Advisors LLC boosted its holdings in iShares Core 30/70 Conservative Allocation ETF by 175.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,765 shares of the company’s stock worth $111,000 after acquiring an additional 1,760 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in iShares Core 30/70 Conservative Allocation ETF by 59.9% in the third quarter. NewEdge Advisors LLC now owns 3,270 shares of the company’s stock worth $131,000 after acquiring an additional 1,225 shares in the last quarter. Finally, Compass Financial Management LLC acquired a new stake in iShares Core 30/70 Conservative Allocation ETF in the second quarter valued at approximately $214,000.

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.