Wealthstar Advisors LLC Takes Position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Wealthstar Advisors LLC bought a new stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 21,789 shares of the company’s stock, valued at approximately $1,474,000. iShares U.S. Consumer Staples ETF comprises 0.5% of Wealthstar Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Wealthstar Advisors LLC owned about 0.11% of iShares U.S. Consumer Staples ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. TAP Consulting LLC lifted its stake in iShares U.S. Consumer Staples ETF by 0.9% in the 3rd quarter. TAP Consulting LLC now owns 6,459 shares of the company’s stock worth $1,205,000 after acquiring an additional 59 shares in the last quarter. Fortis Group Advisors LLC lifted 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 in the last quarter. Matthew Goff Investment Advisor LLC lifted its stake in iShares U.S. Consumer Staples ETF by 3.0% in the 4th quarter. Matthew Goff Investment Advisor LLC now owns 3,414 shares of the company’s stock worth $655,000 after acquiring an additional 101 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in iShares U.S. Consumer Staples ETF by 1.6% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 9,291 shares of the company’s stock worth $1,749,000 after acquiring an additional 149 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc purchased a new stake in iShares U.S. Consumer Staples ETF in the 4th quarter worth about $33,000.

iShares U.S. Consumer Staples ETF Price Performance

iShares U.S. Consumer Staples ETF stock traded down $0.11 during mid-day trading on Thursday, hitting $65.35. The company’s stock had a trading volume of 71,037 shares, compared to its average volume of 92,073. The firm’s 50 day moving average is $66.75 and its 200 day moving average is $65.65. The company has a market cap of $1.22 billion, a PE ratio of 7.93 and a beta of 0.35. iShares U.S. Consumer Staples ETF has a 52-week low of $59.04 and a 52-week high of $68.70.

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.