Commonwealth Retirement Investments LLC Invests $711,000 in iShares U.S. Consumer Staples ETF $IYK

Commonwealth Retirement Investments LLC acquired a new position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 10,625 shares of the company’s stock, valued at approximately $711,000.

A number of other institutional investors and hedge funds have also modified their holdings of IYK. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Consumer Staples ETF by 3.8% in the second quarter. JPMorgan Chase & Co. now owns 28,807 shares of the company’s stock worth $2,030,000 after buying an additional 1,065 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the second quarter worth $605,000. Qube Research & Technologies Ltd acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the second quarter worth $185,000. NewEdge Advisors LLC lifted its stake in shares of iShares U.S. Consumer Staples ETF by 213.1% in the second quarter. NewEdge Advisors LLC now owns 73,292 shares of the company’s stock worth $5,166,000 after buying an additional 49,887 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its stake in shares of iShares U.S. Consumer Staples ETF by 31.7% in the second quarter. Quantinno Capital Management LP now owns 4,907 shares of the company’s stock worth $346,000 after buying an additional 1,180 shares during the last quarter.

iShares U.S. Consumer Staples ETF Trading Down 0.7%

Shares of iShares U.S. Consumer Staples ETF stock opened at $71.37 on Tuesday. The firm has a fifty day simple moving average of $70.97 and a 200-day simple moving average of $70.67. iShares U.S. Consumer Staples ETF has a 1-year low of $65.21 and a 1-year high of $77.70. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 20.18 and a beta of 0.41.

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.