iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Reaches New 1-Year High – What’s Next?

Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK – Get Free Report) hit a new 52-week high on Thursday. The company traded as high as $78.39 and last traded at $78.4260, with a volume of 170,382 shares. The stock had previously closed at $76.64.

iShares U.S. Consumer Staples ETF Stock Down 1.8%

The firm has a market cap of $1.62 billion, a PE ratio of 20.18 and a beta of 0.40. The stock has a 50 day moving average price of $74.10 and a two-hundred day moving average price of $73.12.

Institutional Trading of iShares U.S. Consumer Staples ETF

Large investors have recently bought and sold shares of the stock. Financial Life Planners purchased a new position in shares of iShares U.S. Consumer Staples ETF in the first quarter worth $25,000. Bangor Savings Bank purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the third quarter valued at $29,000. Manchester Capital Management LLC purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the third quarter valued at $31,000. Assetmark Inc. purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the first quarter valued at $32,000. Finally, Highland Investment Advisors LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF in the 2nd quarter valued at $34,000.

About iShares U.S. Consumer Staples ETF

(Get Free Report)

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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