iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Sees Large Drop in Short Interest

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK – Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 5,843 shares, a decrease of 87.0% from the September 30th total of 44,925 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 277,663 shares, the short-interest ratio is currently 0.0 days.

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

A hedge fund recently bought a new stake in iShares Core 30/70 Conservative Allocation ETF stock. Compass Financial Management LLC acquired a new position in shares of iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,162 shares of the company’s stock, valued at approximately $214,000.

iShares Core 30/70 Conservative Allocation ETF Trading Up 0.2%

Shares of AOK opened at $40.57 on Tuesday. The firm has a market capitalization of $843.86 million, a P/E ratio of 19.61 and a beta of 0.45. The stock’s fifty day simple moving average is $40.83 and its 200 day simple moving average is $40.86. iShares Core 30/70 Conservative Allocation ETF has a twelve month low of $39.31 and a twelve month high of $41.63.

iShares Core 30/70 Conservative Allocation ETF Company Profile

(Get Free Report)

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.

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