Focus Financial Network Inc. Acquires 3,371 Shares of iShares U.S. Consumer Staples ETF $IYK

Focus Financial Network Inc. lifted its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 106.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,529 shares of the company’s stock after purchasing an additional 3,371 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares U.S. Consumer Staples ETF were worth $460,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. PGIM Custom Harvest LLC lifted its position in shares of iShares U.S. Consumer Staples ETF by 5.9% in the first quarter. PGIM Custom Harvest LLC now owns 1,559,214 shares of the company’s stock worth $111,593,000 after purchasing an additional 86,307 shares in the last quarter. Hsbc Holdings PLC bought a new position in shares of iShares U.S. Consumer Staples ETF in the 1st quarter valued at about $71,418,000. LPL Financial LLC increased its stake in shares of iShares U.S. Consumer Staples ETF by 19.9% during the 1st quarter. LPL Financial LLC now owns 858,382 shares of the company’s stock worth $61,434,000 after purchasing an additional 142,237 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares U.S. Consumer Staples ETF by 10.2% during the 1st quarter. Ameriprise Financial Inc. now owns 813,341 shares of the company’s stock worth $58,215,000 after purchasing an additional 75,610 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares U.S. Consumer Staples ETF by 2.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 522,897 shares of the company’s stock worth $37,424,000 after purchasing an additional 10,566 shares during the last quarter.

iShares U.S. Consumer Staples ETF Price Performance

iShares U.S. Consumer Staples ETF stock opened at $68.42 on Friday. The firm has a market capitalization of $1.36 billion, a PE ratio of 20.18 and a beta of 0.74. The company’s 50-day moving average is $69.87 and its 200-day moving average is $70.21. iShares U.S. Consumer Staples ETF has a fifty-two week low of $63.18 and a fifty-two week high of $73.25.

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.