Conservest Capital Advisors Inc. Has $3.15 Million Stock Position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Conservest Capital Advisors Inc. reduced its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 1.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 47,988 shares of the company’s stock after selling 493 shares during the period. iShares U.S. Consumer Staples ETF comprises 0.3% of Conservest Capital Advisors Inc.’s holdings, making the stock its 29th largest position. Conservest Capital Advisors Inc. owned about 0.26% of iShares U.S. Consumer Staples ETF worth $3,148,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Bellwether Advisors LLC lifted its stake in iShares U.S. Consumer Staples ETF by 44.3% in the 3rd quarter. Bellwether Advisors LLC now owns 180,603 shares of the company’s stock valued at $12,745,000 after purchasing an additional 55,464 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in iShares U.S. Consumer Staples ETF during the third quarter worth approximately $7,057,000. Raymond James & Associates lifted its position in iShares U.S. Consumer Staples ETF by 11.9% during the third quarter. Raymond James & Associates now owns 55,991 shares of the company’s stock worth $3,951,000 after acquiring an additional 5,968 shares during the last quarter. Grimes & Company Inc. acquired a new stake in iShares U.S. Consumer Staples ETF during the fourth quarter worth approximately $3,233,000. Finally, Penobscot Wealth Management lifted its position in iShares U.S. Consumer Staples ETF by 8.6% during the third quarter. Penobscot Wealth Management now owns 47,845 shares of the company’s stock worth $3,376,000 after acquiring an additional 3,793 shares during the last quarter.

iShares U.S. Consumer Staples ETF Stock Up 1.2 %

Shares of IYK stock opened at $70.76 on Friday. The firm has a 50 day moving average price of $66.44 and a two-hundred day moving average price of $68.49. The company has a market capitalization of $1.34 billion, a PE ratio of 21.67 and a beta of 0.72. iShares U.S. Consumer Staples ETF has a 12-month low of $63.18 and a 12-month high of $72.29.

About iShares U.S. Consumer Staples ETF

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.