Essex LLC Cuts Stock Position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Essex LLC cut its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 4.6% during the third quarter, Holdings Channel.com reports. The fund owned 13,010 shares of the company’s stock after selling 625 shares during the period. Essex LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $918,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IYK. Commonwealth Equity Services LLC grew its position in shares of iShares U.S. Consumer Staples ETF by 213.5% during the first quarter. Commonwealth Equity Services LLC now owns 216,605 shares of the company’s stock worth $14,649,000 after purchasing an additional 147,506 shares in the last quarter. Cetera Investment Advisers boosted its stake in iShares U.S. Consumer Staples ETF by 979.3% in the 1st quarter. Cetera Investment Advisers now owns 131,503 shares of the company’s stock worth $8,894,000 after purchasing an additional 119,319 shares during the period. Osaic Holdings Inc. grew its holdings in iShares U.S. Consumer Staples ETF by 178.2% during the 1st quarter. Osaic Holdings Inc. now owns 155,070 shares of the company’s stock valued at $10,490,000 after buying an additional 99,333 shares in the last quarter. 49 Wealth Management LLC raised its position in shares of iShares U.S. Consumer Staples ETF by 240.3% during the first quarter. 49 Wealth Management LLC now owns 122,091 shares of the company’s stock valued at $8,197,000 after buying an additional 86,213 shares during the last quarter. Finally, WealthCare Investment Partners LLC lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 187.4% in the first quarter. WealthCare Investment Partners LLC now owns 99,737 shares of the company’s stock worth $6,745,000 after buying an additional 65,037 shares in the last quarter.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of NYSEARCA:IYK opened at $70.07 on Friday. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35. The firm has a fifty day moving average price of $70.23 and a 200 day moving average price of $67.91. iShares U.S. Consumer Staples ETF has a fifty-two week low of $59.86 and a fifty-two week high of $72.29.

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.