Schmidt P J Investment Management Inc. Trims Holdings in iShares U.S. Consumer Staples ETF $IYK

Schmidt P J Investment Management Inc. trimmed its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 45.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,957 shares of the company’s stock after selling 9,809 shares during the quarter. Schmidt P J Investment Management Inc. owned about 0.06% of iShares U.S. Consumer Staples ETF worth $856,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. MGO One Seven LLC raised its stake in shares of iShares U.S. Consumer Staples ETF by 0.3% in the first quarter. MGO One Seven LLC now owns 89,365 shares of the company’s stock worth $6,396,000 after purchasing an additional 304 shares during the last quarter. Private Trust Co. NA raised its stake in shares of iShares U.S. Consumer Staples ETF by 102.0% in the first quarter. Private Trust Co. NA now owns 606 shares of the company’s stock worth $43,000 after purchasing an additional 306 shares during the last quarter. Beacon Financial Advisory LLC raised its stake in shares of iShares U.S. Consumer Staples ETF by 6.4% in the first quarter. Beacon Financial Advisory LLC now owns 5,598 shares of the company’s stock worth $401,000 after purchasing an additional 337 shares during the last quarter. Partners Wealth Management LLC raised its stake in shares of iShares U.S. Consumer Staples ETF by 4.7% in the first quarter. Partners Wealth Management LLC now owns 8,307 shares of the company’s stock worth $595,000 after purchasing an additional 375 shares during the last quarter. Finally, Matthew Goff Investment Advisor LLC raised its position in iShares U.S. Consumer Staples ETF by 2.3% during the first quarter. Matthew Goff Investment Advisor LLC now owns 26,371 shares of the company’s stock valued at $1,887,000 after acquiring an additional 591 shares in the last quarter.

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

Shares of IYK stock opened at $69.91 on Wednesday. The stock has a 50 day moving average of $70.13 and a 200 day moving average of $70.28. The stock has a market cap of $1.39 billion, a P/E ratio of 20.18 and a beta of 0.74. iShares U.S. Consumer Staples ETF has a twelve month low of $63.18 and a twelve month high of $73.25.

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.