Brown Advisory Inc. Acquires Shares of 11,346 iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Brown Advisory Inc. acquired a new stake in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,346 shares of the company’s stock, valued at approximately $812,000. Brown Advisory Inc. owned approximately 0.05% of iShares U.S. Consumer Staples ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. World Investment Advisors raised its holdings in shares of iShares U.S. Consumer Staples ETF by 3.3% during the 4th quarter. World Investment Advisors now owns 7,478 shares of the company’s stock worth $490,000 after acquiring an additional 239 shares during the period. US Bancorp DE raised its holdings in shares of iShares U.S. Consumer Staples ETF by 53.7% during the 4th quarter. US Bancorp DE now owns 701 shares of the company’s stock worth $46,000 after acquiring an additional 245 shares during the period. Avantax Advisory Services Inc. raised its holdings in shares of iShares U.S. Consumer Staples ETF by 1.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 23,098 shares of the company’s stock worth $1,515,000 after acquiring an additional 274 shares during the period. Private Trust Co. NA raised its holdings in shares of iShares U.S. Consumer Staples ETF by 102.0% during the 1st quarter. Private Trust Co. NA now owns 606 shares of the company’s stock worth $43,000 after acquiring an additional 306 shares during the period. Finally, Beacon Financial Advisory LLC raised its holdings in shares of iShares U.S. Consumer Staples ETF by 6.4% during the 1st quarter. Beacon Financial Advisory LLC now owns 5,598 shares of the company’s stock worth $401,000 after acquiring an additional 337 shares during the period.

iShares U.S. Consumer Staples ETF Trading Down 0.2%

Shares of NYSEARCA:IYK opened at $69.93 on Tuesday. The business has a 50-day moving average price of $70.49 and a 200 day moving average price of $69.16. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 20.18 and a beta of 0.74. iShares U.S. Consumer Staples ETF has a 12-month low of $63.18 and a 12-month 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.