International Assets Investment Management LLC Purchases 26,863,719 Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

International Assets Investment Management LLC lifted its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 2,551,160.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 26,864,772 shares of the company’s stock after purchasing an additional 26,863,719 shares during the period. International Assets Investment Management LLC owned about 143.66% of iShares U.S. Consumer Staples ETF worth $1,895,847,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in IYK. Brookstone Capital Management boosted its stake in iShares U.S. Consumer Staples ETF by 152.3% in the 1st quarter. Brookstone Capital Management now owns 4,591 shares of the company’s stock worth $310,000 after purchasing an additional 2,771 shares in the last quarter. Comerica Bank raised its position in iShares U.S. Consumer Staples ETF by 156.1% in the 1st quarter. Comerica Bank now owns 5,352 shares of the company’s stock worth $362,000 after buying an additional 3,262 shares during the last quarter. GPS Wealth Strategies Group LLC raised its position in iShares U.S. Consumer Staples ETF by 180.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 15,542 shares of the company’s stock worth $1,022,000 after buying an additional 10,010 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in iShares U.S. Consumer Staples ETF in the 2nd quarter worth about $773,000. Finally, Blair William & Co. IL raised its position in iShares U.S. Consumer Staples ETF by 201.9% in the 1st quarter. Blair William & Co. IL now owns 5,093 shares of the company’s stock worth $344,000 after buying an additional 3,406 shares during the last quarter.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of NYSEARCA:IYK opened at $69.63 on Thursday. iShares U.S. Consumer Staples ETF has a fifty-two week low of $59.86 and a fifty-two week high of $72.29. The business has a 50-day simple moving average of $70.30 and a two-hundred day simple moving average of $68.00. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35.

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.