iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Stock Price Cross Above 200-Day Moving Average – What’s Next?

iShares Core Conservative Allocation ETF (NYSEARCA:AOK)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $37.60 and traded as high as $38.13. iShares Core Conservative Allocation ETF shares last traded at $38.13, with a volume of 91,518 shares trading hands.

iShares Core Conservative Allocation ETF Trading Down 0.0 %

The firm’s 50-day moving average price is $38.14 and its two-hundred day moving average price is $37.60. The stock has a market cap of $623.43 million, a PE ratio of 16.35 and a beta of 0.40.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of AOK. Farther Finance Advisors LLC boosted its position in iShares Core Conservative Allocation ETF by 97,100.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 972 shares of the company’s stock worth $38,000 after purchasing an additional 971 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of iShares Core Conservative Allocation ETF by 29.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 8,404 shares of the company’s stock valued at $325,000 after purchasing an additional 1,931 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in iShares Core Conservative Allocation ETF during the third quarter worth $409,000. Finally, Rothschild Investment LLC acquired a new stake in iShares Core Conservative Allocation ETF during the second quarter valued at $1,095,000.

iShares Core 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.