Mawer Investment Management Ltd. Makes New $1.14 Million Investment in iShares U.S. Consumer Staples ETF $IYK

Mawer Investment Management Ltd. purchased a new position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 16,980 shares of the company’s stock, valued at approximately $1,136,000.

Other institutional investors also recently modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF during the 4th quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares U.S. Consumer Staples ETF during the fourth quarter worth approximately $56,000. Caitlin John LLC acquired a new stake in iShares U.S. Consumer Staples ETF during the third quarter worth approximately $82,000. Sound Income Strategies LLC bought a new position in shares of iShares U.S. Consumer Staples ETF during the fourth quarter worth approximately $104,000. Finally, N.E.W. Advisory Services LLC increased its holdings in shares of iShares U.S. Consumer Staples ETF by 101.0% during the fourth quarter. N.E.W. Advisory Services LLC now owns 1,779 shares of the company’s stock worth $119,000 after purchasing an additional 894 shares during the period.

iShares U.S. Consumer Staples ETF Trading Up 0.0%

Shares of IYK opened at $70.22 on Wednesday. The stock has a market capitalization of $1.36 billion, a PE ratio of 20.18 and a beta of 0.42. The firm’s 50 day moving average is $70.83 and its 200-day moving average is $70.57. iShares U.S. Consumer Staples ETF has a 12 month low of $65.21 and a 12 month high of $77.70.

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. 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.