11,467 Shares in iShares U.S. Consumer Staples ETF $IYK Purchased by Welch Group LLC

Welch Group LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,467 shares of the company’s stock, valued at approximately $767,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IYK. Flagship Harbor Advisors LLC bought a new stake in shares of iShares U.S. Consumer Staples ETF in the 4th quarter valued at approximately $32,000. First Horizon Corp bought a new position in shares of iShares U.S. Consumer Staples ETF during the 3rd quarter valued at approximately $43,000. Davis Capital Management bought a new position in shares of iShares U.S. Consumer Staples ETF during the 3rd quarter valued at approximately $50,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares U.S. Consumer Staples ETF during the 4th quarter valued at $56,000. Finally, Millstone Evans Group LLC lifted its position in iShares U.S. Consumer Staples ETF by 36.3% in the third quarter. Millstone Evans Group LLC now owns 1,105 shares of the company’s stock worth $76,000 after buying an additional 294 shares during the last quarter.

iShares U.S. Consumer Staples ETF Stock Up 0.5%

NYSEARCA IYK opened at $69.60 on Friday. iShares U.S. Consumer Staples ETF has a 52 week low of $65.21 and a 52 week high of $77.70. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 20.18 and a beta of 0.44. The company has a fifty day moving average of $72.67 and a two-hundred day moving average of $69.83.

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.