Royal Bank of Canada Boosts Holdings in iShares U.S. Consumer Staples ETF $IYK

Royal Bank of Canada boosted its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 13.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 312,442 shares of the company’s stock after purchasing an additional 35,963 shares during the quarter. Royal Bank of Canada owned approximately 1.62% of iShares U.S. Consumer Staples ETF worth $21,879,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Quantinno Capital Management LP boosted its holdings in shares of iShares U.S. Consumer Staples ETF by 40.5% during the 1st quarter. Quantinno Capital Management LP now owns 5,614 shares of the company’s stock valued at $393,000 after purchasing an additional 1,619 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the 1st quarter worth approximately $1,632,000. Hilltop Holdings Inc. purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the 1st quarter worth approximately $1,082,000. Sei Investments Co. bought a new position in shares of iShares U.S. Consumer Staples ETF during the 1st quarter valued at approximately $263,000. Finally, Cetera Investment Advisers boosted its position in shares of iShares U.S. Consumer Staples ETF by 1.4% during the 1st quarter. Cetera Investment Advisers now owns 214,107 shares of the company’s stock valued at $14,994,000 after acquiring an additional 2,935 shares during the last quarter.

iShares U.S. Consumer Staples ETF Stock Performance

IYK stock opened at $74.75 on Thursday. The firm has a fifty day moving average price of $73.40 and a 200 day moving average price of $72.52. iShares U.S. Consumer Staples ETF has a fifty-two week low of $65.21 and a fifty-two week high of $78.33. The firm has a market cap of $1.42 billion, a PE ratio of 20.18 and a beta of 0.40.

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.