iShares U.S. Consumer Staples ETF (NYSEARCA:IYK – Get Free Report) saw an uptick in trading volume on Thursday. 892,538 shares traded hands during mid-day trading, an increase of 156% from the previous session’s volume of 348,083 shares. The stock last traded at $73.44 and had previously closed at $71.89.
iShares U.S. Consumer Staples ETF Price Performance
The firm’s 50 day simple moving average is $73.68 and its two-hundred day simple moving average is $72.65. The firm has a market capitalization of $1.66 billion, a P/E ratio of 20.18 and a beta of 0.40.
Hedge Funds Weigh In On iShares U.S. Consumer Staples ETF
A number of institutional investors have recently bought and sold shares of IYK. Royal Bank of Canada boosted its position in iShares U.S. Consumer Staples ETF by 13.0% during the 1st quarter. Royal Bank of Canada now owns 312,442 shares of the company’s stock valued at $21,879,000 after acquiring an additional 35,963 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares U.S. Consumer Staples ETF by 1.4% in the 1st quarter. Cetera Investment Advisers now owns 214,107 shares of the company’s stock valued at $14,994,000 after purchasing an additional 2,935 shares during the period. Unique Wealth LLC boosted its position in shares of iShares U.S. Consumer Staples ETF by 1.6% during the second quarter. Unique Wealth LLC now owns 94,306 shares of the company’s stock valued at $6,852,000 after purchasing an additional 1,449 shares in the last quarter. WealthSpring Partners LLC bought a new position in iShares U.S. Consumer Staples ETF in the fourth quarter worth $6,505,000. Finally, Envestnet Asset Management Inc. lifted its position in iShares U.S. Consumer Staples ETF by 46.0% during the second quarter. Envestnet Asset Management Inc. now owns 79,192 shares of the company’s stock valued at $5,754,000 after buying an additional 24,941 shares during the period.
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.
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