iShares U.S. Consumer Staples ETF $IYK Stock: WealthSpring Partners LLC Decreases Stake

WealthSpring Partners LLC decreased its stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 35.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,026 shares of the company’s stock after selling 35,345 shares during the quarter. iShares U.S. Consumer Staples ETF comprises about 5.1% of WealthSpring Partners LLC’s portfolio, making the stock its 7th biggest holding. WealthSpring Partners LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $4,599,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in IYK. Financial Life Planners acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the 1st quarter valued at approximately $25,000. Bangor Savings Bank bought a new position in shares of iShares U.S. Consumer Staples ETF in the third quarter valued at $29,000. Assetmark Inc. bought a new position in shares of iShares U.S. Consumer Staples ETF in the first quarter valued at $32,000. Highland Investment Advisors LLC acquired a new position in iShares U.S. Consumer Staples ETF during the second quarter worth $34,000. Finally, Reflection Asset Management acquired a new position in iShares U.S. Consumer Staples ETF during the fourth quarter worth $37,000.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA IYK traded up $1.45 on Wednesday, hitting $75.77. 188,491 shares of the stock were exchanged, compared to its average volume of 351,946. The business’s fifty day moving average is $73.70 and its 200 day moving average is $72.79. iShares U.S. Consumer Staples ETF has a 52 week low of $65.21 and a 52 week high of $78.33. The company has a market capitalization of $1.68 billion, a PE ratio of 20.18 and a beta of 0.40.

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.