Penobscot Wealth Management Decreases Holdings in iShares U.S. Consumer Staples ETF $IYK

Penobscot Wealth Management trimmed its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 38.8% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 23,583 shares of the company’s stock after selling 14,976 shares during the quarter. Penobscot Wealth Management owned 0.12% of iShares U.S. Consumer Staples ETF worth $1,652,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IYK. Flagship Harbor Advisors LLC purchased a new stake in iShares U.S. Consumer Staples ETF during the fourth quarter valued at about $32,000. Reflection Asset Management purchased a new stake in iShares U.S. Consumer Staples ETF during the 4th quarter valued at about $37,000. Arax Advisory Partners bought a new position in iShares U.S. Consumer Staples ETF during the 4th quarter worth approximately $45,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Consumer Staples ETF in the 4th quarter worth approximately $56,000. Finally, Caitlin John LLC bought a new stake in iShares U.S. Consumer Staples ETF in the third quarter valued at approximately $82,000.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA:IYK opened at $72.90 on Friday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 20.18 and a beta of 0.41. The company has a fifty day moving average of $71.62 and a 200 day moving average of $71.07. iShares U.S. Consumer Staples ETF has a 52 week low of $65.21 and a 52 week 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.