iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Hits New 12-Month High – Time to Buy?

Posted by Matthew Steigler on Dec 17th, 2024

iShares Core Conservative Allocation ETF (NYSEARCA:AOK – Get Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as $39.00 and last traded at $39.00, with a volume of 1418 shares trading hands. The stock had previously closed at $38.11.

iShares Core Conservative Allocation ETF Stock Down 0.1 %

The company’s 50 day moving average price is $38.09 and its 200-day moving average price is $37.76. The stock has a market cap of $622.61 million, a P/E ratio of 16.35 and a beta of 0.40.

Hedge Funds Weigh In On iShares Core Conservative Allocation ETF

Several large investors have recently modified their holdings of the business. Rothschild Investment LLC bought a new position in iShares Core Conservative Allocation ETF during the second quarter worth $1,095,000. Integrated Wealth Concepts LLC bought a new position in iShares Core Conservative Allocation ETF during the third quarter worth $409,000. Creative Financial Designs Inc. ADV raised its stake in iShares Core Conservative Allocation ETF by 29.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 8,404 shares of the company’s stock worth $325,000 after buying an additional 1,931 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in iShares Core Conservative Allocation ETF by 97,100.0% during the third quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock worth $38,000 after buying an additional 971 shares during the last quarter.

About iShares Core Conservative Allocation ETF

(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.