Stone Wealth Partners Takes $608,000 Position in iShares U.S. Consumer Staples ETF $IYK

Stone Wealth Partners bought a new position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,080 shares of the company’s stock, valued at approximately $608,000. Stone Wealth Partners owned about 0.05% of iShares U.S. Consumer Staples ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in IYK. Northwestern Mutual Wealth Management Co. boosted its position in iShares U.S. Consumer Staples ETF by 10,421.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 56,383,123 shares of the company’s stock valued at $3,773,159,000 after buying an additional 55,847,256 shares in the last quarter. Bank of America Corp DE grew its stake in iShares U.S. Consumer Staples ETF by 54.2% during the second quarter. Bank of America Corp DE now owns 961,699 shares of the company’s stock worth $67,781,000 after buying an additional 338,017 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares U.S. Consumer Staples ETF by 398.8% during the third quarter. BNP Paribas Financial Markets now owns 249,432 shares of the company’s stock worth $17,059,000 after buying an additional 199,428 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares U.S. Consumer Staples ETF by 1,977.7% during the second quarter. Captrust Financial Advisors now owns 186,389 shares of the company’s stock worth $13,137,000 after buying an additional 177,418 shares in the last quarter. Finally, WealthSpring Partners LLC bought a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter valued at approximately $6,505,000.

iShares U.S. Consumer Staples ETF Price Performance

Shares of IYK opened at $71.57 on Friday. The company has a market capitalization of $1.38 billion, a P/E ratio of 20.18 and a beta of 0.41. iShares U.S. Consumer Staples ETF has a one year low of $65.21 and a one year high of $77.70. The business’s 50 day simple moving average is $71.46 and its 200-day simple moving average is $70.92.

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. The Underlying Index measures the performance of the consumer goods sector of the United States equity market. The Underlying Index includes companies in a range of industry groups, which include automobiles and parts, beverages, food producers, household goods, leisure goods, personal goods and tobacco.