Fmr LLC Sells 443 Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Fmr LLC reduced its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 4.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,284 shares of the company’s stock after selling 443 shares during the quarter. Fmr LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $726,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Raymond James & Associates increased its position in iShares U.S. Consumer Staples ETF by 11.9% during the 3rd quarter. Raymond James & Associates now owns 55,991 shares of the company’s stock valued at $3,951,000 after purchasing an additional 5,968 shares during the period. Bank of Montreal Can boosted its stake in shares of iShares U.S. Consumer Staples ETF by 39.2% during the third quarter. Bank of Montreal Can now owns 33,892 shares of the company’s stock valued at $2,389,000 after purchasing an additional 9,549 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in iShares U.S. Consumer Staples ETF during the second quarter valued at approximately $773,000. CWM LLC raised its stake in iShares U.S. Consumer Staples ETF by 15.0% in the third quarter. CWM LLC now owns 11,787 shares of the company’s stock worth $832,000 after buying an additional 1,534 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new position in iShares U.S. Consumer Staples ETF in the third quarter worth approximately $28,000.

iShares U.S. Consumer Staples ETF Trading Down 0.3 %

Shares of NYSEARCA IYK opened at $67.01 on Wednesday. iShares U.S. Consumer Staples ETF has a 12-month low of $62.36 and a 12-month high of $72.29. The stock’s fifty day simple moving average is $69.16 and its two-hundred day simple moving average is $68.69. The stock has a market capitalization of $1.25 billion, a PE ratio of 7.93 and a beta of 0.35.

iShares U.S. Consumer Staples ETF 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.