Abbrea Capital LLC Raises Holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Abbrea Capital LLC grew its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 200.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,200 shares of the company’s stock after buying an additional 2,800 shares during the quarter. Abbrea Capital LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $284,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of IYK. EP Wealth Advisors LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF in the 3rd quarter valued at $250,000. B. Riley Wealth Advisors Inc. grew its position in shares of iShares U.S. Consumer Staples ETF by 1.6% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 9,291 shares of the company’s stock valued at $1,749,000 after acquiring an additional 149 shares during the period. 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 valued at $655,000 after buying an additional 101 shares in the last quarter. Trilogy Capital Inc. purchased a new position in iShares U.S. Consumer Staples ETF in the 4th quarter valued at about $210,000. Finally, GPS Wealth Strategies Group LLC lifted its stake in iShares U.S. Consumer Staples ETF by 410.5% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 975 shares of the company’s stock valued at $187,000 after buying an additional 784 shares in the last quarter.

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

IYK traded down $0.57 during trading on Monday, reaching $65.80. The company’s stock had a trading volume of 45,364 shares, compared to its average volume of 90,540. The firm has a fifty day simple moving average of $66.57 and a two-hundred day simple moving average of $65.78. iShares U.S. Consumer Staples ETF has a 1 year low of $59.04 and a 1 year high of $68.70. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35.

About iShares U.S. Consumer Staples ETF

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.