iShares Core 30/70 Conservative Allocation ETF $AOK Stake Boosted by Congress Asset Management Co.

Congress Asset Management Co. boosted its stake in shares of iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) by 222.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 135,812 shares of the company’s stock after buying an additional 93,636 shares during the period. Congress Asset Management Co. owned about 0.73% of iShares Core 30/70 Conservative Allocation ETF worth $5,450,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in shares of iShares Core 30/70 Conservative Allocation ETF in the third quarter worth approximately $1,640,000. NewEdge Advisors LLC lifted its position in shares of iShares Core 30/70 Conservative Allocation ETF by 59.9% in the 3rd quarter. NewEdge Advisors LLC now owns 3,270 shares of the company’s stock valued at $131,000 after acquiring an additional 1,225 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of iShares Core 30/70 Conservative Allocation ETF in the 3rd quarter valued at approximately $696,000. Creative Financial Designs Inc. ADV boosted its stake in iShares Core 30/70 Conservative Allocation ETF by 59.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 14,527 shares of the company’s stock worth $583,000 after purchasing an additional 5,443 shares during the period. Finally, Western Wealth Management LLC acquired a new position in iShares Core 30/70 Conservative Allocation ETF in the 3rd quarter worth approximately $204,000.

iShares Core 30/70 Conservative Allocation ETF Stock Performance

NYSEARCA AOK opened at $39.93 on Thursday. The firm’s 50 day moving average price is $40.64 and its two-hundred day moving average price is $40.43. iShares Core 30/70 Conservative Allocation ETF has a twelve month low of $35.79 and a twelve month high of $41.38. The stock has a market cap of $720.74 million, a price-to-earnings ratio of 19.61 and a beta of 0.45.

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.