DAVENPORT & Co LLC Sells 4,555 Shares of iShares U.S. Consumer Staples ETF $IYK

DAVENPORT & Co LLC cut its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 27.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,780 shares of the company’s stock after selling 4,555 shares during the quarter. DAVENPORT & Co LLC owned about 0.06% of iShares U.S. Consumer Staples ETF worth $830,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IYK. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares U.S. Consumer Staples ETF by 105.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,319 shares of the company’s stock valued at $414,000 after buying an additional 3,245 shares in the last quarter. Partners Wealth Management LLC grew its stake in shares of iShares U.S. Consumer Staples ETF by 4.7% in the first quarter. Partners Wealth Management LLC now owns 8,307 shares of the company’s stock valued at $595,000 after buying an additional 375 shares in the last quarter. Atlas Private Wealth Advisors bought a new position in shares of iShares U.S. Consumer Staples ETF in the first quarter valued at $445,000. Janney Montgomery Scott LLC grew its stake in shares of iShares U.S. Consumer Staples ETF by 52.1% in the first quarter. Janney Montgomery Scott LLC now owns 21,303 shares of the company’s stock valued at $1,525,000 after buying an additional 7,299 shares in the last quarter. Finally, Sowell Financial Services LLC acquired a new stake in iShares U.S. Consumer Staples ETF during the 1st quarter valued at $288,000.

iShares U.S. Consumer Staples ETF Price Performance

Shares of iShares U.S. Consumer Staples ETF stock opened at $68.38 on Friday. The business has a fifty day simple moving average of $69.35 and a two-hundred day simple moving average of $69.99. iShares U.S. Consumer Staples ETF has a 1 year low of $63.18 and a 1 year high of $73.25. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 20.18 and a beta of 0.74.

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.