Davis Capital Management Buys 488 Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Davis Capital Management lifted its stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYKFree Report) by 200.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 732 shares of the company’s stock after purchasing an additional 488 shares during the quarter. Davis Capital Management’s holdings in iShares U.S. Consumer Staples ETF were worth $49,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Fortis Group Advisors LLC increased its stake in iShares U.S. Consumer Staples ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 168 shares of the company’s stock worth $32,000 after acquiring an additional 84 shares during the last quarter. Glass Jacobson Investment Advisors llc bought a new position in iShares U.S. Consumer Staples ETF in the 4th quarter worth about $33,000. Angeles Wealth Management LLC bought a new position in iShares U.S. Consumer Staples ETF in the 4th quarter worth about $36,000. Tradewinds Capital Management LLC bought a new position in iShares U.S. Consumer Staples ETF in the 4th quarter worth about $38,000. Finally, Industrial Alliance Investment Management Inc. bought a new position in iShares U.S. Consumer Staples ETF in the 3rd quarter worth about $43,000.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA IYK traded up $0.14 during trading on Wednesday, reaching $66.33. The company’s stock had a trading volume of 69,374 shares, compared to its average volume of 95,460. The stock has a market capitalization of $1.24 billion, a PE ratio of 7.93 and a beta of 0.35. The firm has a fifty day moving average of $66.53 and a 200 day moving average of $65.46. iShares U.S. Consumer Staples ETF has a one year low of $59.04 and a one year high of $68.70.

iShares U.S. Consumer Staples ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

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