Thrivent Financial for Lutherans Increases Stock Position in iShares U.S. Consumer Staples ETF $IYK

Thrivent Financial for Lutherans increased its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 16.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 61,391 shares of the company’s stock after buying an additional 8,828 shares during the period. Thrivent Financial for Lutherans owned 0.35% of iShares U.S. Consumer Staples ETF worth $4,108,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Leo Wealth LLC purchased a new stake in iShares U.S. Consumer Staples ETF during the fourth quarter worth $2,142,000. GSA Capital Partners LLP acquired a new position in iShares U.S. Consumer Staples ETF during the third quarter worth $463,000. Advisors Capital Management LLC acquired a new position in iShares U.S. Consumer Staples ETF during the third quarter worth $3,435,000. BCS Wealth Management acquired a new position in iShares U.S. Consumer Staples ETF during the fourth quarter worth $1,205,000. Finally, Welch Group LLC acquired a new position in iShares U.S. Consumer Staples ETF during the fourth quarter worth $767,000.

iShares U.S. Consumer Staples ETF Stock Performance

NYSEARCA:IYK opened at $72.88 on Friday. The company has a fifty day moving average of $70.83 and a two-hundred day moving average of $70.34. The stock has a market capitalization of $1.41 billion, a PE ratio of 20.18 and a beta of 0.42. iShares U.S. Consumer Staples ETF has a fifty-two week low of $65.21 and a fifty-two week high of $77.70.

iShares U.S. Consumer Staples ETF 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.