iShares U.S. Consumer Staples ETF $IYK Shares Sold by UBS Group AG

UBS Group AG decreased its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 5.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 473,456 shares of the company’s stock after selling 28,326 shares during the quarter. UBS Group AG owned 2.74% of iShares U.S. Consumer Staples ETF worth $31,684,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IYK. High Point Wealth Management LLC acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the fourth quarter valued at $220,000. Sanctuary Advisors LLC lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 23.3% in the fourth quarter. Sanctuary Advisors LLC now owns 24,732 shares of the company’s stock valued at $1,655,000 after buying an additional 4,674 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 10.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 9,995 shares of the company’s stock valued at $669,000 after buying an additional 964 shares during the period. N.E.W. Advisory Services LLC lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 101.0% in the fourth quarter. N.E.W. Advisory Services LLC now owns 1,779 shares of the company’s stock valued at $119,000 after buying an additional 894 shares during the period. Finally, Aspen Wealth Strategies LLC acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the fourth quarter valued at $3,241,000.

iShares U.S. Consumer Staples ETF Stock Up 0.3%

Shares of iShares U.S. Consumer Staples ETF stock opened at $71.32 on Friday. The stock’s fifty day moving average is $71.40 and its 200-day moving average is $70.07. The firm has a market capitalization of $1.38 billion, a PE ratio of 20.18 and a beta of 0.42. iShares U.S. Consumer Staples ETF has a 12-month low of $65.21 and a 12-month high of $77.70.

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.