Rockefeller Capital Management L.P. Decreases Holdings in iShares U.S. Consumer Staples ETF $IYK

Rockefeller Capital Management L.P. decreased its stake in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 20.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 11,174 shares of the company’s stock after selling 2,946 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares U.S. Consumer Staples ETF were worth $788,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Parkside Financial Bank & Trust purchased a new position in iShares U.S. Consumer Staples ETF in the 2nd quarter worth approximately $29,000. Nova Wealth Management Inc. raised its stake in shares of iShares U.S. Consumer Staples ETF by 286.3% during the second quarter. Nova Wealth Management Inc. now owns 815 shares of the company’s stock valued at $57,000 after purchasing an additional 604 shares during the period. Parallel Advisors LLC lifted its position in shares of iShares U.S. Consumer Staples ETF by 23.8% during the second quarter. Parallel Advisors LLC now owns 849 shares of the company’s stock worth $60,000 after purchasing an additional 163 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of iShares U.S. Consumer Staples ETF in the second quarter valued at $111,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in iShares U.S. Consumer Staples ETF during the 1st quarter valued at $126,000.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA:IYK opened at $69.22 on Thursday. The firm has a 50-day moving average of $68.09 and a two-hundred day moving average of $69.47. The stock has a market cap of $1.31 billion, a P/E ratio of 20.18 and a beta of 0.50. iShares U.S. Consumer Staples ETF has a 1-year low of $63.18 and a 1-year high of $73.25.

About iShares U.S. Consumer Staples ETF

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.