iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Sees Unusually-High Trading Volume – Here’s What Happened

iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) shares saw unusually-high trading volume on Monday . Approximately 63,356 shares traded hands during mid-day trading, a decline of 36% from the previous session’s volume of 98,740 shares.The stock last traded at $68.27 and had previously closed at $67.93.

iShares U.S. Consumer Staples ETF Stock Performance

The firm’s 50 day moving average price is $69.54 and its two-hundred day moving average price is $68.37. The firm has a market cap of $1.28 billion, a PE ratio of 7.93 and a beta of 0.35.

Hedge Funds Weigh In On iShares U.S. Consumer Staples ETF

Large investors have recently modified their holdings of the business. International Assets Investment Management LLC boosted its position in shares of iShares U.S. Consumer Staples ETF by 2,551,160.4% during the 3rd quarter. International Assets Investment Management LLC now owns 26,864,772 shares of the company’s stock worth $1,895,847,000 after purchasing an additional 26,863,719 shares during the period. Commonwealth Equity Services LLC lifted its holdings in iShares U.S. Consumer Staples ETF by 2.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 222,983 shares of the company’s stock worth $14,661,000 after buying an additional 6,378 shares in the last quarter. Bellwether Advisors LLC raised its stake in shares of iShares U.S. Consumer Staples ETF by 44.3% in the third quarter. Bellwether Advisors LLC now owns 180,603 shares of the company’s stock valued at $12,745,000 after acquiring an additional 55,464 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in iShares U.S. Consumer Staples ETF by 178.2% in the first quarter. Osaic Holdings Inc. now owns 155,070 shares of the company’s stock valued at $10,490,000 after purchasing an additional 99,333 shares during the period. Finally, Cetera Investment Advisers grew its stake in iShares U.S. Consumer Staples ETF by 979.3% during the 1st quarter. Cetera Investment Advisers now owns 131,503 shares of the company’s stock worth $8,894,000 after purchasing an additional 119,319 shares in the last quarter.

iShares U.S. Consumer Staples ETF Company 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.