The iShares Core Conservative Allocation ETF (NYSE:AOK) is seeing unusually high volume in afternoon trading Tuesday, with over 563,000 shares traded versus three month average volume of about 52,000. Shares of AOK were off about 0.2% on the day.
Components of that ETF with the highest volume on Tuesday were Bank of America (NYSE:BAC), trading off about 3.2% with over 64.7 million shares changing hands so far this session, and Ford Motor (NYSE:F), trading flat on volume of over 25.1 million shares. Era Group (NYSE:ERA) is the component faring the best Tuesday, higher by about 6.8% on the day, while Universal Insurance Holding (NYSE:UVE) is lagging other components of the iShares Core Conservative Allocation ETF, trading lower by about 17.1%.
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