WealthSpring Partners LLC Acquires New Position in iShares U.S. Consumer Staples ETF $IYK

WealthSpring Partners LLC bought a new position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the 4th quarter, Holdings Channel reports. The fund bought 97,204 shares of the company’s stock, valued at approximately $6,505,000. iShares U.S. Consumer Staples ETF comprises approximately 6.7% of WealthSpring Partners LLC’s holdings, making the stock its 5th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new position in iShares U.S. Consumer Staples ETF during the fourth quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth $56,000. Caitlin John LLC purchased a new stake in shares of iShares U.S. Consumer Staples ETF in the third quarter worth $82,000. Sound Income Strategies LLC bought a new stake in shares of iShares U.S. Consumer Staples ETF during the 4th quarter valued at $104,000. Finally, N.E.W. Advisory Services LLC raised its position in shares of iShares U.S. Consumer Staples ETF by 101.0% during the 4th quarter. N.E.W. Advisory Services LLC now owns 1,779 shares of the company’s stock valued at $119,000 after purchasing an additional 894 shares during the period.

iShares U.S. Consumer Staples ETF Stock Performance

IYK opened at $73.37 on Friday. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 20.18 and a beta of 0.41. The firm’s fifty day moving average is $71.16 and its 200 day moving average is $70.78. iShares U.S. Consumer Staples ETF has a fifty-two week low of $65.21 and a fifty-two week high of $77.70.

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. The Underlying Index measures the performance of the consumer goods sector of the United States equity market. The Underlying Index includes companies in a range of industry groups, which include automobiles and parts, beverages, food producers, household goods, leisure goods, personal goods and tobacco.