Wakefield Asset Management LLLP Sells 5,494 Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Wakefield Asset Management LLLP lessened its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 18.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,961 shares of the company’s stock after selling 5,494 shares during the quarter. Wakefield Asset Management LLLP’s holdings in iShares U.S. Consumer Staples ETF were worth $1,641,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Truist Financial Corp increased its stake in iShares U.S. Consumer Staples ETF by 2.5% in the fourth quarter. Truist Financial Corp now owns 9,074 shares of the company’s stock valued at $1,740,000 after acquiring an additional 219 shares during the period. Private Advisor Group LLC grew its stake in shares of iShares U.S. Consumer Staples ETF by 61.6% in the 4th quarter. Private Advisor Group LLC now owns 10,067 shares of the company’s stock valued at $1,930,000 after purchasing an additional 3,836 shares during the period. Principal Securities Inc. acquired a new position in shares of iShares U.S. Consumer Staples ETF in the 4th quarter worth approximately $2,669,000. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF in the 4th quarter worth approximately $72,000. Finally, Blankinship & Foster LLC lifted its position in shares of iShares U.S. Consumer Staples ETF by 17.4% during the 4th quarter. Blankinship & Foster LLC now owns 2,466 shares of the company’s stock worth $473,000 after buying an additional 366 shares during the period.

iShares U.S. Consumer Staples ETF Price Performance

Shares of NYSEARCA:IYK opened at $71.45 on Friday. The business’s fifty day moving average price is $68.31 and its two-hundred day moving average price is $67.04. iShares U.S. Consumer Staples ETF has a fifty-two week low of $59.04 and a fifty-two week high of $72.29. The stock has a market capitalization of $1.34 billion, a price-to-earnings 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.