SFI Advisors LLC lessened its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK – Free Report) by 25.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,732 shares of the company’s stock after selling 15,936 shares during the quarter. iShares U.S. Consumer Staples ETF comprises about 2.0% of SFI Advisors LLC’s holdings, making the stock its 23rd biggest holding. SFI Advisors LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $3,060,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in IYK. Thrivent Financial for Lutherans raised its holdings in iShares U.S. Consumer Staples ETF by 570.2% in the third quarter. Thrivent Financial for Lutherans now owns 52,563 shares of the company’s stock valued at $3,595,000 after acquiring an additional 44,720 shares in the last quarter. Leo Wealth LLC purchased a new position in iShares U.S. Consumer Staples ETF in the fourth quarter valued at approximately $2,142,000. GSA Capital Partners LLP purchased a new position in iShares U.S. Consumer Staples ETF in the third quarter valued at approximately $463,000. Advisors Capital Management LLC purchased a new position in shares of iShares U.S. Consumer Staples ETF during the third quarter worth approximately $3,435,000. Finally, BCS Wealth Management purchased a new position in shares of iShares U.S. Consumer Staples ETF during the fourth quarter worth approximately $1,205,000.
iShares U.S. Consumer Staples ETF Trading Down 0.2%
Shares of IYK opened at $70.25 on Friday. The firm has a market cap of $1.36 billion, a PE ratio of 20.18 and a beta of 0.41. The company’s 50 day simple moving average is $70.88 and its 200-day simple moving average is $70.62. iShares U.S. Consumer Staples ETF has a 12-month low of $65.21 and a 12-month high of $77.70.
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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