Stonebridge Financial Planning Group LLC Reduces Stock Holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Stonebridge Financial Planning Group LLC decreased its stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 3.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,580 shares of the company’s stock after selling 593 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $1,241,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Fortitude Family Office LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF in the 3rd quarter valued at $28,000. Beacon Capital Management LLC purchased a new stake in iShares U.S. Consumer Staples ETF in the 2nd quarter worth $30,000. Financial Gravity Asset Management Inc. acquired a new position in iShares U.S. Consumer Staples ETF during the second quarter worth $41,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the second quarter worth about $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares U.S. Consumer Staples ETF during the 2nd quarter worth about $55,000.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of NYSEARCA:IYK traded down $0.16 during midday trading on Wednesday, hitting $68.21. The company’s stock had a trading volume of 412 shares, compared to its average volume of 98,622. The business’s 50 day simple moving average is $69.54 and its 200 day simple moving average is $68.37. The company has a market cap of $1.28 billion, a P/E ratio of 7.93 and a beta of 0.35. iShares U.S. Consumer Staples ETF has a 12-month low of $62.29 and a 12-month high of $72.29.

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.