iShares Core Conservative Allocation ETF (NYSEARCA:AOK) Stock Pass Above Two Hundred Day Moving Average – Should You Sell?

iShares Core Conservative Allocation ETF (NYSEARCA:AOK)’s share price passed 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 traded.

iShares Core Conservative Allocation ETF Trading Up 0.1 %

The company has a fifty day moving average price of $38.14 and a two-hundred day moving average price of $37.60. The firm has a market cap of $623.92 million, a P/E ratio of 16.35 and a beta of 0.40.

Institutional Investors Weigh In On iShares Core Conservative Allocation ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC acquired a new position in iShares Core Conservative Allocation ETF in the 3rd quarter valued at $409,000. Farther Finance Advisors LLC increased its stake in shares of 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 valued at $38,000 after purchasing an additional 971 shares during the last quarter. 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 acquiring an additional 1,931 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in iShares Core Conservative Allocation ETF in the 2nd quarter valued at approximately $1,095,000.

About iShares Core 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.