iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Shares Purchased by MGB Wealth Management LLC

MGB Wealth Management LLC grew its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 200.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,464 shares of the company’s stock after acquiring an additional 976 shares during the quarter. MGB Wealth Management LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $99,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Bangor Savings Bank increased its holdings in shares of iShares U.S. Consumer Staples ETF by 200.0% in the first quarter. Bangor Savings Bank now owns 408 shares of the company’s stock valued at $28,000 after purchasing an additional 272 shares during the period. Manchester Capital Management LLC boosted its holdings in iShares U.S. Consumer Staples ETF by 200.0% in the first quarter. Manchester Capital Management LLC now owns 441 shares of the company’s stock valued at $30,000 after purchasing an additional 294 shares during the last quarter. Fortis Group Advisors LLC lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 168 shares of the company’s stock valued at $32,000 after buying an additional 84 shares during the period. Glass Jacobson Investment Advisors llc acquired a new stake in iShares U.S. Consumer Staples ETF during the fourth quarter worth about $33,000. Finally, Angeles Wealth Management LLC purchased a new position in iShares U.S. Consumer Staples ETF during the fourth quarter valued at approximately $36,000.

iShares U.S. Consumer Staples ETF Stock Up 1.0 %

Shares of NYSEARCA IYK traded up $0.64 during midday trading on Friday, reaching $66.52. 26,990 shares of the stock were exchanged, compared to its average volume of 90,672. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35. The firm has a 50-day simple moving average of $66.58 and a two-hundred day simple moving average of $65.72. iShares U.S. Consumer Staples ETF has a twelve month low of $59.04 and a twelve month high of $68.70.

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.