Conservest Capital Advisors Inc. Boosts Position in iShares U.S. Consumer Staples ETF $IYK

Conservest Capital Advisors Inc. boosted its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 0.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 44,344 shares of the company’s stock after purchasing an additional 194 shares during the quarter. iShares U.S. Consumer Staples ETF comprises 0.3% of Conservest Capital Advisors Inc.’s portfolio, making the stock its 29th biggest position. Conservest Capital Advisors Inc.’s holdings in iShares U.S. Consumer Staples ETF were worth $3,125,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IYK. Wealth Enhancement Advisory Services LLC raised its position in iShares U.S. Consumer Staples ETF by 55.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 9,843 shares of the company’s stock worth $704,000 after buying an additional 3,524 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares U.S. Consumer Staples ETF by 52.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 21,303 shares of the company’s stock valued at $1,525,000 after purchasing an additional 7,299 shares in the last quarter. Beacon Financial Advisory LLC increased its holdings in shares of iShares U.S. Consumer Staples ETF by 6.4% during the 1st quarter. Beacon Financial Advisory LLC now owns 5,598 shares of the company’s stock valued at $401,000 after purchasing an additional 337 shares in the last quarter. Money Concepts Capital Corp increased its holdings in shares of iShares U.S. Consumer Staples ETF by 3.2% during the 1st quarter. Money Concepts Capital Corp now owns 27,706 shares of the company’s stock valued at $1,983,000 after purchasing an additional 855 shares in the last quarter. Finally, Sovran Advisors LLC increased its holdings in shares of iShares U.S. Consumer Staples ETF by 5.5% during the 1st quarter. Sovran Advisors LLC now owns 19,742 shares of the company’s stock valued at $1,411,000 after purchasing an additional 1,033 shares in the last quarter.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA:IYK opened at $69.20 on Friday. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 20.18 and a beta of 0.74. The company has a 50 day moving average price of $69.19 and a 200-day moving average price of $69.92. iShares U.S. Consumer Staples ETF has a 1-year low of $63.18 and a 1-year high of $73.25.

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.