Targeted Financial Services LLC Takes $554,000 Position in iShares U.S. Consumer Staples ETF $IYK

Targeted Financial Services LLC acquired a new stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,275 shares of the company’s stock, valued at approximately $554,000. iShares U.S. Consumer Staples ETF makes up about 0.5% of Targeted Financial Services LLC’s holdings, making the stock its 25th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Consumer Staples ETF during the 4th quarter valued at $32,000. Reflection Asset Management acquired a new position in iShares U.S. Consumer Staples ETF during the fourth quarter valued at approximately $37,000. Arax Advisory Partners bought a new position in iShares U.S. Consumer Staples ETF in the 4th quarter worth $45,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth about $56,000. Finally, Caitlin John LLC bought a new position in iShares U.S. Consumer Staples ETF in the 3rd quarter worth approximately $82,000.

iShares U.S. Consumer Staples ETF Stock Performance

NYSEARCA:IYK opened at $71.57 on Friday. iShares U.S. Consumer Staples ETF has a 52-week low of $65.21 and a 52-week high of $77.70. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 20.18 and a beta of 0.41. The firm’s 50-day moving average is $71.48 and its 200-day moving average is $70.92.

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.