Counterweight Ventures LLC Purchases Shares of 13,478 iShares U.S. Consumer Staples ETF $IYK

Counterweight Ventures LLC purchased a new position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,478 shares of the company’s stock, valued at approximately $944,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mawer Investment Management Ltd. acquired a new position in shares of iShares U.S. Consumer Staples ETF in the 4th quarter valued at about $1,136,000. Leo Wealth LLC acquired a new stake in iShares U.S. Consumer Staples ETF during the 4th quarter worth approximately $2,142,000. Unique Wealth LLC acquired a new stake in iShares U.S. Consumer Staples ETF during the 1st quarter worth approximately $6,503,000. Welch Group LLC acquired a new stake in iShares U.S. Consumer Staples ETF during the 4th quarter worth approximately $767,000. Finally, BCS Wealth Management purchased a new position in iShares U.S. Consumer Staples ETF in the fourth quarter valued at approximately $1,205,000.

iShares U.S. Consumer Staples ETF Stock Performance

NYSEARCA IYK opened at $74.81 on Friday. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 20.18 and a beta of 0.40. iShares U.S. Consumer Staples ETF has a one year low of $65.21 and a one year high of $77.70. The company’s 50 day moving average price is $72.13 and its 200 day moving average price is $71.32.

iShares U.S. Consumer Staples ETF Company 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.