M&T Bank Corp Purchases New Holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

M&T Bank Corp acquired a new position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 7,422 shares of the company’s stock, valued at approximately $524,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Fortitude Family Office LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF during the third quarter worth about $28,000. Beacon Capital Management LLC purchased a new stake in iShares U.S. Consumer Staples ETF in the 2nd quarter valued at approximately $30,000. Financial Gravity Asset Management Inc. acquired a new position in iShares U.S. Consumer Staples ETF during the 2nd quarter worth approximately $41,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares U.S. Consumer Staples ETF during the 2nd quarter worth approximately $45,000. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the 3rd quarter valued at approximately $116,000.

iShares U.S. Consumer Staples ETF Price Performance

iShares U.S. Consumer Staples ETF stock opened at $67.01 on Wednesday. The stock’s 50 day moving average price is $69.16 and its 200 day moving average price is $68.69. iShares U.S. Consumer Staples ETF has a 1-year low of $62.36 and a 1-year high of $72.29. The company has a market cap of $1.25 billion, a PE ratio of 7.93 and a beta of 0.35.

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.