Centerline Wealth Advisors LLC Has $3.30 Million Position in iShares U.S. Consumer Staples ETF $IYK

Centerline Wealth Advisors LLC decreased its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 29.1% in the second quarter, Holdings Channel.com reports. The firm owned 45,380 shares of the company’s stock after selling 18,582 shares during the period. iShares U.S. Consumer Staples ETF comprises 1.0% of Centerline Wealth Advisors LLC’s holdings, making the stock its 24th largest holding. Centerline Wealth Advisors LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $3,297,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares U.S. Consumer Staples ETF by 10,421.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 56,383,123 shares of the company’s stock worth $3,773,159,000 after purchasing an additional 55,847,256 shares in the last quarter. Bank of America Corp DE grew its position in iShares U.S. Consumer Staples ETF by 54.2% in the second quarter. Bank of America Corp DE now owns 961,699 shares of the company’s stock worth $67,781,000 after acquiring an additional 338,017 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of iShares U.S. Consumer Staples ETF by 398.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 249,432 shares of the company’s stock worth $17,059,000 after purchasing an additional 199,428 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of iShares U.S. Consumer Staples ETF by 1,977.7% during the 2nd quarter. Captrust Financial Advisors now owns 186,389 shares of the company’s stock worth $13,137,000 after purchasing an additional 177,418 shares during the last quarter. Finally, WealthSpring Partners LLC acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the 4th quarter valued at $6,505,000.

iShares U.S. Consumer Staples ETF Trading Down 0.5%

Shares of NYSEARCA:IYK opened at $74.11 on Wednesday. The stock has a market capitalization of $1.40 billion, a PE ratio of 20.18 and a beta of 0.40. iShares U.S. Consumer Staples ETF has a 1 year low of $65.21 and a 1 year high of $78.33. The firm has a fifty day moving average price of $74.66 and a 200 day moving average price of $72.90.

About iShares U.S. Consumer Staples ETF

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.