CX Institutional Boosts Position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

CX Institutional raised its stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 18.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,269 shares of the company’s stock after buying an additional 2,090 shares during the quarter. CX Institutional owned about 0.07% of iShares U.S. Consumer Staples ETF worth $870,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Fortitude Family Office LLC purchased a new position in shares of iShares U.S. Consumer Staples ETF during the third quarter worth about $28,000. Western Pacific Wealth Management LP purchased a new position in shares of iShares U.S. Consumer Staples ETF during the third quarter worth about $116,000. Fiera Capital Corp purchased a new position in shares of iShares U.S. Consumer Staples ETF during the third quarter worth about $212,000. Patten & Patten Inc. TN purchased a new position in shares of iShares U.S. Consumer Staples ETF during the third quarter worth about $239,000. Finally, Meridian Wealth Management LLC bought a new stake in iShares U.S. Consumer Staples ETF in the 3rd quarter worth approximately $279,000.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA:IYK opened at $65.51 on Friday. The business has a 50 day moving average of $66.98 and a 200 day moving average of $68.44. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35. iShares U.S. Consumer Staples ETF has a 1-year low of $63.18 and a 1-year high of $72.29.

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.