Sunbelt Securities Inc. purchased a new stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,810 shares of the company’s stock, valued at approximately $477,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in iShares U.S. Consumer Staples ETF by 10,421.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 56,383,123 shares of the company’s stock worth $3,773,159,000 after buying an additional 55,847,256 shares in the last quarter. Bank of America Corp DE raised its stake in iShares U.S. Consumer Staples ETF by 54.2% during the 2nd quarter. Bank of America Corp DE now owns 961,699 shares of the company’s stock valued at $67,781,000 after acquiring an additional 338,017 shares in the last quarter. LPL Financial LLC raised its stake in iShares U.S. Consumer Staples ETF by 9.5% during the 4th quarter. LPL Financial LLC now owns 945,393 shares of the company’s stock valued at $63,266,000 after acquiring an additional 82,230 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in iShares U.S. Consumer Staples ETF by 10.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 538,120 shares of the company’s stock worth $36,011,000 after acquiring an additional 52,463 shares during the period. Finally, UBS Group AG boosted its position in iShares U.S. Consumer Staples ETF by 7.3% during the 3rd quarter. UBS Group AG now owns 501,782 shares of the company’s stock worth $34,317,000 after acquiring an additional 33,969 shares during the period.
iShares U.S. Consumer Staples ETF Stock Performance
NYSEARCA:IYK opened at $74.72 on Friday. iShares U.S. Consumer Staples ETF has a 1 year low of $65.21 and a 1 year high of $78.33. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 20.18 and a beta of 0.40. The business has a fifty day moving average of $73.27 and a 200-day moving average of $72.38.
iShares U.S. Consumer Staples ETF Profile
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.
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