iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Sees Unusually-High Trading Volume

Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) saw unusually-high trading volume on Friday . Approximately 33,877 shares changed hands during trading, a decline of 53% from the previous session’s volume of 71,458 shares.The stock last traded at $187.66 and had previously closed at $186.21.

iShares U.S. Consumer Staples ETF Price Performance

The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 22.83 and a beta of 0.74. The firm’s fifty day moving average is $188.28 and its two-hundred day moving average is $196.56.

Institutional Investors Weigh In On iShares U.S. Consumer Staples ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Granite Bay Wealth Management LLC acquired a new stake in iShares U.S. Consumer Staples ETF in the 3rd quarter valued at about $99,989,000. Morgan Stanley lifted its stake in iShares U.S. Consumer Staples ETF by 29.2% during the fourth quarter. Morgan Stanley now owns 476,311 shares of the company’s stock valued at $96,586,000 after buying an additional 107,716 shares in the last quarter. Modera Wealth Management LLC purchased a new stake in iShares U.S. Consumer Staples ETF during the third quarter valued at about $49,350,000. LPL Financial LLC lifted its stake in iShares U.S. Consumer Staples ETF by 20.5% during the second quarter. LPL Financial LLC now owns 233,808 shares of the company’s stock valued at $46,829,000 after buying an additional 39,833 shares in the last quarter. Finally, Money Concepts Capital Corp lifted its stake in iShares U.S. Consumer Staples ETF by 197.9% during the first quarter. Money Concepts Capital Corp now owns 219,343 shares of the company’s stock valued at $2,459,000 after buying an additional 145,725 shares in the last quarter.

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.