iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Shares Sold by CX Institutional

CX Institutional cut its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 94.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 771 shares of the company’s stock after selling 12,498 shares during the quarter. CX Institutional’s holdings in iShares U.S. Consumer Staples ETF were worth $55,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in iShares U.S. Consumer Staples ETF by 6.7% during the 4th quarter. Bank of America Corp DE now owns 573,620 shares of the company’s stock worth $37,624,000 after buying an additional 35,963 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in iShares U.S. Consumer Staples ETF by 2.1% during the 4th quarter. Wells Fargo & Company MN now owns 243,481 shares of the company’s stock worth $15,970,000 after buying an additional 4,942 shares in the last quarter. Bellwether Advisors LLC lifted its holdings in iShares U.S. Consumer Staples ETF by 15.7% during the 4th quarter. Bellwether Advisors LLC now owns 208,992 shares of the company’s stock worth $13,708,000 after buying an additional 28,389 shares in the last quarter. Cetera Investment Advisers lifted its holdings in iShares U.S. Consumer Staples ETF by 15.8% during the 4th quarter. Cetera Investment Advisers now owns 144,900 shares of the company’s stock worth $9,504,000 after buying an additional 19,722 shares in the last quarter. Finally, Perbak Capital Partners LLP acquired a new stake in iShares U.S. Consumer Staples ETF during the 4th quarter worth approximately $9,079,000.

iShares U.S. Consumer Staples ETF Trading Down 0.8%

Shares of NYSEARCA:IYK opened at $69.93 on Wednesday. iShares U.S. Consumer Staples ETF has a 52 week low of $63.18 and a 52 week high of $73.25. The company’s 50 day moving average is $70.57 and its two-hundred day moving average is $68.80. The company has a market cap of $1.45 billion, a PE ratio of 22.37 and a beta of 0.59.

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.