Stone Wealth Partners Purchases New Shares in iShares U.S. Consumer Staples ETF $IYK

Stone Wealth Partners purchased a new position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 9,080 shares of the company’s stock, valued at approximately $608,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new stake in iShares U.S. Consumer Staples ETF during the 4th quarter worth about $32,000. Arax Advisory Partners bought a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth about $45,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares U.S. Consumer Staples ETF during the fourth quarter worth approximately $56,000. Caitlin John LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF during the third quarter worth approximately $82,000. Finally, Sound Income Strategies LLC bought a new stake in shares of iShares U.S. Consumer Staples ETF during the fourth quarter valued at approximately $104,000.

iShares U.S. Consumer Staples ETF Price Performance

IYK opened at $71.57 on Friday. The stock has a market capitalization of $1.38 billion, a P/E ratio of 20.18 and a beta of 0.41. The company’s 50 day simple moving average is $71.46 and its 200-day simple moving average is $70.92. iShares U.S. Consumer Staples ETF has a one year low of $65.21 and a one year high of $77.70.

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. 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.