iShares U.S. Consumer Staples ETF $IYK Shares Sold by Adams Wealth Management

Adams Wealth Management reduced its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 80.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,671 shares of the company’s stock after selling 70,532 shares during the quarter. Adams Wealth Management owned about 0.09% of iShares U.S. Consumer Staples ETF worth $1,245,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Osaic Holdings Inc. raised its position in iShares U.S. Consumer Staples ETF by 9.5% in the 2nd quarter. Osaic Holdings Inc. now owns 137,128 shares of the company’s stock valued at $9,670,000 after purchasing an additional 11,891 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in iShares U.S. Consumer Staples ETF during the 2nd quarter worth $1,844,000. Geneos Wealth Management Inc. increased its stake in iShares U.S. Consumer Staples ETF by 179.7% in the second quarter. Geneos Wealth Management Inc. now owns 21,450 shares of the company’s stock valued at $1,512,000 after purchasing an additional 13,780 shares during the period. Nikulski Financial Inc. purchased a new stake in shares of iShares U.S. Consumer Staples ETF in the second quarter valued at about $1,123,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of iShares U.S. Consumer Staples ETF by 162,614.3% during the second quarter. Tower Research Capital LLC TRC now owns 11,390 shares of the company’s stock worth $803,000 after buying an additional 11,383 shares during the period.

iShares U.S. Consumer Staples ETF Stock Up 0.9%

NYSEARCA IYK opened at $67.95 on Monday. The firm has a market cap of $1.29 billion, a P/E ratio of 20.18 and a beta of 0.50. iShares U.S. Consumer Staples ETF has a 52-week low of $63.18 and a 52-week high of $73.25. The business’s 50-day moving average price is $68.01 and its 200 day moving average price is $69.26.

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.