Financial Life Planners Makes New Investment in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Financial Life Planners purchased a new position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 889 shares of the company’s stock, valued at approximately $58,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in iShares U.S. Consumer Staples ETF by 2,551,160.4% in the 3rd quarter. International Assets Investment Management LLC now owns 26,864,772 shares of the company’s stock worth $1,895,847,000 after buying an additional 26,863,719 shares during the period. Bellwether Advisors LLC boosted its stake in shares of iShares U.S. Consumer Staples ETF by 44.3% in the third quarter. Bellwether Advisors LLC now owns 180,603 shares of the company’s stock worth $12,745,000 after acquiring an additional 55,464 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the third quarter worth about $7,057,000. Raymond James & Associates raised its stake in iShares U.S. Consumer Staples ETF by 11.9% during the 3rd quarter. Raymond James & Associates now owns 55,991 shares of the company’s stock valued at $3,951,000 after purchasing an additional 5,968 shares during the period. Finally, Grimes & Company Inc. purchased a new position in iShares U.S. Consumer Staples ETF in the 4th quarter worth approximately $3,233,000.

iShares U.S. Consumer Staples ETF Price Performance

IYK stock opened at $66.36 on Monday. iShares U.S. Consumer Staples ETF has a 1-year low of $63.18 and a 1-year high of $72.29. The business has a 50 day simple moving average of $66.74 and a two-hundred day simple moving average of $68.49. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35.

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.