Bank of New York Mellon Corp Purchases Shares of 3,073 iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Bank of New York Mellon Corp purchased a new stake in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,073 shares of the company’s stock, valued at approximately $220,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Sowell Financial Services LLC acquired a new position in iShares U.S. Consumer Staples ETF during the first quarter worth $288,000. Wealth Enhancement Advisory Services LLC increased its holdings in iShares U.S. Consumer Staples ETF by 55.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,843 shares of the company’s stock worth $704,000 after buying an additional 3,524 shares during the last quarter. Private Trust Co. NA increased its holdings in iShares U.S. Consumer Staples ETF by 102.0% during the first quarter. Private Trust Co. NA now owns 606 shares of the company’s stock worth $43,000 after buying an additional 306 shares during the last quarter. Vontobel Holding Ltd. acquired a new position in iShares U.S. Consumer Staples ETF during the first quarter worth $236,000. Finally, Janney Montgomery Scott LLC increased its holdings in iShares U.S. Consumer Staples ETF by 52.1% during the first quarter. Janney Montgomery Scott LLC now owns 21,303 shares of the company’s stock worth $1,525,000 after buying an additional 7,299 shares during the last quarter.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA:IYK opened at $68.84 on Wednesday. iShares U.S. Consumer Staples ETF has a one year low of $63.18 and a one year high of $73.25. The company has a market cap of $1.37 billion, a P/E ratio of 20.18 and a beta of 0.74. The firm’s fifty day moving average price is $70.30 and its two-hundred day moving average price is $69.68.

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.