Hilltop Holdings Inc. Acquires Shares of 15,455 iShares U.S. Consumer Staples ETF $IYK

Hilltop Holdings Inc. acquired a new stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the first quarter, HoldingsChannel reports. The firm acquired 15,455 shares of the company’s stock, valued at approximately $1,082,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Consumer Staples ETF by 3.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,807 shares of the company’s stock worth $2,030,000 after purchasing an additional 1,065 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of iShares U.S. Consumer Staples ETF during the 2nd quarter valued at about $605,000. Qube Research & Technologies Ltd acquired a new position in shares of iShares U.S. Consumer Staples ETF during the 2nd quarter worth approximately $185,000. NewEdge Advisors LLC lifted its holdings in iShares U.S. Consumer Staples ETF by 213.1% during the second quarter. NewEdge Advisors LLC now owns 73,292 shares of the company’s stock valued at $5,166,000 after purchasing an additional 49,887 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its stake in iShares U.S. Consumer Staples ETF by 31.7% in the 2nd quarter. Quantinno Capital Management LP now owns 4,907 shares of the company’s stock valued at $346,000 after buying an additional 1,180 shares in the last quarter.

iShares U.S. Consumer Staples ETF Trading Up 1.1%

Shares of NYSEARCA IYK opened at $74.47 on Friday. The company has a 50-day moving average of $72.95 and a 200 day moving average of $72.04. The stock has a market cap of $1.39 billion, a PE ratio of 20.18 and a beta of 0.40. iShares U.S. Consumer Staples ETF has a 12-month low of $65.21 and a 12-month high of $77.70.

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. 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.