iShares U.S. Consumer Staples ETF (NYSEARCA:IYK – Get Free Report) shares saw unusually-strong trading volume on Friday. 500,162 shares changed hands during mid-day trading, an increase of 43% from the previous session’s volume of 350,885 shares. The stock last traded at $77.1770 and had previously closed at $76.16.
iShares U.S. Consumer Staples ETF Trading Up 0.9%
The stock has a market cap of $1.70 billion, a PE ratio of 20.18 and a beta of 0.40. The business has a 50 day moving average of $73.73 and a 200-day moving average of $72.83.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of IYK. Royal Bank of Canada raised its holdings in iShares U.S. Consumer Staples ETF by 13.0% during the first quarter. Royal Bank of Canada now owns 312,442 shares of the company’s stock worth $21,879,000 after purchasing an additional 35,963 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares U.S. Consumer Staples ETF by 1.4% during the 1st quarter. Cetera Investment Advisers now owns 214,107 shares of the company’s stock valued at $14,994,000 after buying an additional 2,935 shares during the last quarter. Unique Wealth LLC raised its stake in iShares U.S. Consumer Staples ETF by 1.6% in the 2nd 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 during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares U.S. Consumer Staples ETF by 46.0% in 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 last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of iShares U.S. Consumer Staples ETF by 2.8% during the 1st quarter. NewEdge Advisors LLC now owns 46,550 shares of the company’s stock worth $3,260,000 after purchasing an additional 1,267 shares during the period.
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. 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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