Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $63.18 and last traded at $63.24, with a volume of 221539 shares changing hands. The stock had previously closed at $64.52.
iShares U.S. Consumer Staples ETF Stock Down 2.0 %
The stock’s 50-day simple moving average is $67.81 and its 200 day simple moving average is $68.54. The firm has a market cap of $1.18 billion, a P/E ratio of 7.93 and a beta of 0.35.
Institutional Trading of iShares U.S. Consumer Staples ETF
Several hedge funds have recently modified their holdings of IYK. B. Riley Wealth Advisors Inc. grew its stake in iShares U.S. Consumer Staples ETF by 26.5% in the third quarter. B. Riley Wealth Advisors Inc. now owns 19,971 shares of the company’s stock valued at $1,382,000 after acquiring an additional 4,187 shares during the period. M&T Bank Corp acquired a new stake in iShares U.S. Consumer Staples ETF in the 3rd quarter valued at $524,000. IHT Wealth Management LLC increased its stake in iShares U.S. Consumer Staples ETF by 4.9% during the 3rd quarter. IHT Wealth Management LLC now owns 16,973 shares of the company’s stock valued at $1,198,000 after purchasing an additional 796 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in iShares U.S. Consumer Staples ETF during the third quarter worth $7,057,000. Finally, D.A. Davidson & CO. lifted its stake in shares of iShares U.S. Consumer Staples ETF by 1.3% in the third quarter. D.A. Davidson & CO. now owns 11,932 shares of the company’s stock valued at $842,000 after buying an additional 150 shares in the last quarter.
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.
See Also
- Five stocks we like better than iShares U.S. Consumer Staples ETF
- Insider Buying Explained: What Investors Need to Know
- Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
- Buy P&G Now, Before It Sets A New All-Time High
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- What Are Dividend Challengers?
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
Receive News & Ratings for iShares U.S. Consumer Staples ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Consumer Staples ETF and related companies with MarketBeat.com's FREE daily email newsletter.
