Sunbelt Securities Inc. purchased a new stake in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK – Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 6,810 shares of the company’s stock, valued at approximately $477,000.
A number of other institutional investors have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares U.S. Consumer Staples ETF by 10,421.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 56,383,123 shares of the company’s stock worth $3,773,159,000 after acquiring an additional 55,847,256 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares U.S. Consumer Staples ETF by 54.2% during the second quarter. Bank of America Corp DE now owns 961,699 shares of the company’s stock valued at $67,781,000 after purchasing an additional 338,017 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares U.S. Consumer Staples ETF by 9.5% during the fourth quarter. LPL Financial LLC now owns 945,393 shares of the company’s stock valued at $63,266,000 after purchasing an additional 82,230 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in shares of 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 purchasing an additional 52,463 shares during the period. Finally, UBS Group AG raised its position in shares of 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 purchasing an additional 33,969 shares during the period.
iShares U.S. Consumer Staples ETF Trading Down 0.8%
Shares of NYSEARCA IYK opened at $74.72 on Friday. iShares U.S. Consumer Staples ETF has a 12-month low of $65.21 and a 12-month high of $78.33. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 20.18 and a beta of 0.40. The stock’s 50 day simple moving average is $73.27 and its 200 day simple moving average is $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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