iShares U.S. Consumer Staples ETF $IYK Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. lessened its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 14.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,519 shares of the company’s stock after selling 2,052 shares during the quarter. Bessemer Group Inc.’s holdings in iShares U.S. Consumer Staples ETF were worth $882,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Parallel Advisors LLC grew its holdings in shares of iShares U.S. Consumer Staples ETF by 23.8% in the second quarter. Parallel Advisors LLC now owns 849 shares of the company’s stock valued at $60,000 after purchasing an additional 163 shares in the last quarter. Conservest Capital Advisors Inc. boosted its position in iShares U.S. Consumer Staples ETF by 0.4% in the 2nd quarter. Conservest Capital Advisors Inc. now owns 44,344 shares of the company’s stock valued at $3,125,000 after buying an additional 194 shares during the period. Accel Wealth Management grew its stake in shares of iShares U.S. Consumer Staples ETF by 1.8% in the second quarter. Accel Wealth Management now owns 11,469 shares of the company’s stock worth $808,000 after acquiring an additional 208 shares in the last quarter. Sonata Capital Group Inc. grew its stake in shares of iShares U.S. Consumer Staples ETF by 5.9% in the second quarter. Sonata Capital Group Inc. now owns 4,470 shares of the company’s stock worth $315,000 after acquiring an additional 250 shares in the last quarter. Finally, MGO One Seven LLC increased its position in shares of iShares U.S. Consumer Staples ETF by 0.3% during the first quarter. MGO One Seven LLC now owns 89,365 shares of the company’s stock worth $6,396,000 after acquiring an additional 304 shares during the period.

iShares U.S. Consumer Staples ETF Trading Down 0.2%

Shares of NYSEARCA IYK opened at $66.80 on Friday. The stock has a market cap of $1.25 billion, a P/E ratio of 20.18 and a beta of 0.50. The business’s fifty day simple moving average is $68.84 and its 200-day simple moving average is $69.85. iShares U.S. Consumer Staples ETF has a 12-month low of $63.18 and a 12-month high of $73.25.

About iShares U.S. Consumer Staples ETF

iShares U.S. Consumer Goods ETF (the Fund), formerly iShares Dow Jones U.S .Consumer Goods Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of United States consumer goods stocks, as represented by the Dow Jones United States Consumer Goods Index.