iShares U.S. Consumer Staples ETF (NYSEARCA:IYK – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 114,208 shares, an increase of 260.7% from the September 15th total of 31,667 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 485,347 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On iShares U.S. Consumer Staples ETF
Several institutional investors have recently modified their holdings of the business. Royal Bank of Canada increased its stake 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 worth $21,879,000 after purchasing an additional 35,963 shares in the last quarter. Cetera Investment Advisers raised 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 worth $14,994,000 after buying an additional 2,935 shares during the period. Unique Wealth LLC lifted its stake in iShares U.S. Consumer Staples ETF by 1.6% in the second quarter. Unique Wealth LLC now owns 94,306 shares of the company’s stock valued at $6,852,000 after buying an additional 1,449 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in 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 in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in iShares U.S. Consumer Staples ETF by 2.8% in the first quarter. NewEdge Advisors LLC now owns 46,550 shares of the company’s stock valued at $3,260,000 after buying an additional 1,267 shares in the last quarter.
iShares U.S. Consumer Staples ETF Stock Performance
NYSEARCA:IYK traded down $0.11 on Tuesday, reaching $74.23. The company’s stock had a trading volume of 47,089 shares, compared to its average volume of 352,069. iShares U.S. Consumer Staples ETF has a 1-year low of $65.21 and a 1-year high of $78.33. The business’s 50-day moving average price is $73.69 and its two-hundred day moving average price is $72.71. The firm has a market cap of $1.68 billion, a PE ratio of 20.18 and a beta of 0.40.
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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