TFB Advisors LLC Acquires 4,567 Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

TFB Advisors LLC raised its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 211.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,728 shares of the company’s stock after acquiring an additional 4,567 shares during the quarter. TFB Advisors LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $445,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IYK. Fortis Group Advisors LLC boosted its position in iShares U.S. Consumer Staples ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 168 shares of the company’s stock worth $32,000 after purchasing an additional 84 shares during the period. Matthew Goff Investment Advisor LLC lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 3.0% during the fourth quarter. Matthew Goff Investment Advisor LLC now owns 3,414 shares of the company’s stock worth $655,000 after buying an additional 101 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 1.6% during the third quarter. B. Riley Wealth Advisors Inc. now owns 9,291 shares of the company’s stock worth $1,749,000 after buying an additional 149 shares in the last quarter. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares U.S. Consumer Staples ETF during the fourth quarter worth $33,000. Finally, Angeles Wealth Management LLC acquired a new stake in shares of iShares U.S. Consumer Staples ETF during the fourth quarter worth $36,000.

iShares U.S. Consumer Staples ETF Stock Up 0.6 %

Shares of IYK traded up $0.38 during midday trading on Wednesday, reaching $65.65. 61,376 shares of the stock were exchanged, compared to its average volume of 90,956. The company has a market cap of $1.23 billion, a P/E ratio of 7.93 and a beta of 0.35. The stock’s 50 day simple moving average is $66.60 and its 200 day simple moving average is $65.72. iShares U.S. Consumer Staples ETF has a twelve month low of $59.04 and a twelve month high of $68.70.

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.