Advisors Capital Management LLC Takes Position in iShares U.S. Consumer Staples ETF $IYK

Advisors Capital Management LLC bought a new position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 50,219 shares of the company’s stock, valued at approximately $3,435,000. Advisors Capital Management LLC owned about 0.27% of iShares U.S. Consumer Staples ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in shares of iShares U.S. Consumer Staples ETF by 6.1% in the third quarter. Farther Finance Advisors LLC now owns 2,729 shares of the company’s stock worth $187,000 after purchasing an additional 158 shares during the last quarter. Bank of Montreal Can lifted its stake in iShares U.S. Consumer Staples ETF by 1.6% during the 2nd quarter. Bank of Montreal Can now owns 10,917 shares of the company’s stock valued at $769,000 after acquiring an additional 167 shares during the period. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Consumer Staples ETF by 4.4% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 4,531 shares of the company’s stock valued at $310,000 after acquiring an additional 192 shares during the last quarter. Conservest Capital Advisors Inc. increased its stake in shares of iShares U.S. Consumer Staples ETF by 0.4% in the second quarter. Conservest Capital Advisors Inc. now owns 44,344 shares of the company’s stock worth $3,125,000 after acquiring an additional 194 shares during the period. Finally, Garrison Point Advisors LLC raised its holdings in shares of iShares U.S. Consumer Staples ETF by 5.8% during the third quarter. Garrison Point Advisors LLC now owns 4,509 shares of the company’s stock worth $308,000 after purchasing an additional 246 shares during the last quarter.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA IYK opened at $75.04 on Friday. iShares U.S. Consumer Staples ETF has a 1 year low of $65.21 and a 1 year high of $76.91. The company has a market capitalization of $1.30 billion, a PE ratio of 20.18 and a beta of 0.50. The company has a fifty day moving average of $70.01 and a 200 day moving average of $69.17.

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. The Underlying Index measures the performance of the consumer goods sector of the United States equity market. The Underlying Index includes companies in a range of industry groups, which include automobiles and parts, beverages, food producers, household goods, leisure goods, personal goods and tobacco.