Aspen Wealth Strategies LLC Invests $3.24 Million in iShares U.S. Consumer Staples ETF $IYK

Aspen Wealth Strategies LLC purchased a new position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 48,428 shares of the company’s stock, valued at approximately $3,241,000. iShares U.S. Consumer Staples ETF makes up 1.8% of Aspen Wealth Strategies LLC’s investment portfolio, making the stock its 13th biggest holding. Aspen Wealth Strategies LLC owned 0.28% of iShares U.S. Consumer Staples ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Key Client Fiduciary Advisors LLC bought a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth $290,000. Merit Financial Group LLC boosted its stake in iShares U.S. Consumer Staples ETF by 10.9% during the 4th quarter. Merit Financial Group LLC now owns 14,187 shares of the company’s stock valued at $949,000 after purchasing an additional 1,393 shares in the last quarter. Welch Group LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF during the 4th quarter valued at $767,000. BCS Wealth Management acquired a new position in shares of iShares U.S. Consumer Staples ETF during the 4th quarter valued at $1,205,000. Finally, Farther Finance Advisors LLC increased its position in shares of iShares U.S. Consumer Staples ETF by 118.6% during the 4th quarter. Farther Finance Advisors LLC now owns 5,965 shares of the company’s stock valued at $399,000 after purchasing an additional 3,236 shares during the period.

iShares U.S. Consumer Staples ETF Stock Performance

IYK opened at $70.70 on Friday. iShares U.S. Consumer Staples ETF has a one year low of $65.21 and a one year high of $77.70. The stock’s fifty day moving average is $72.15 and its 200-day moving average is $69.88. The company has a market capitalization of $1.36 billion, a PE ratio of 20.18 and a beta of 0.44.

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. 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.