MML Investors Services LLC Sells 715 Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

MML Investors Services LLC reduced its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 2.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,051 shares of the company’s stock after selling 715 shares during the period. MML Investors Services LLC owned about 0.16% of iShares U.S. Consumer Staples ETF worth $2,050,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new position in shares of iShares U.S. Consumer Staples ETF in the third quarter valued at approximately $28,000. Beacon Capital Management LLC bought a new position in iShares U.S. Consumer Staples ETF in the 2nd quarter valued at $30,000. Financial Gravity Asset Management Inc. acquired a new position in iShares U.S. Consumer Staples ETF in the second quarter worth $41,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares U.S. Consumer Staples ETF during the second quarter worth $45,000. Finally, Western Pacific Wealth Management LP bought a new position in shares of iShares U.S. Consumer Staples ETF in the third quarter valued at about $116,000.

iShares U.S. Consumer Staples ETF Stock Down 0.9 %

Shares of NYSEARCA IYK opened at $67.76 on Tuesday. iShares U.S. Consumer Staples ETF has a 12-month low of $62.36 and a 12-month high of $72.29. The firm’s 50-day simple moving average is $69.20 and its 200 day simple moving average is $68.69. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35.

iShares U.S. Consumer Staples ETF 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.