iShares U.S. Consumer Staples ETF $IYK Shares Sold by Adams Wealth Management

Adams Wealth Management lessened its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 80.0% in the 2nd quarter, Holdings Channel reports. The fund owned 17,671 shares of the company’s stock after selling 70,532 shares during the period. Adams Wealth Management’s holdings in iShares U.S. Consumer Staples ETF were worth $1,245,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Hsbc Holdings PLC purchased a new position in iShares U.S. Consumer Staples ETF during the first quarter worth about $71,418,000. Bank of America Corp DE increased its position in iShares U.S. Consumer Staples ETF by 54.2% during the 2nd quarter. Bank of America Corp DE now owns 961,699 shares of the company’s stock worth $67,781,000 after purchasing an additional 338,017 shares during the period. Captrust Financial Advisors raised 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 buying an additional 177,418 shares in the last quarter. CacheTech Inc. purchased a new position in shares of iShares U.S. Consumer Staples ETF during the 1st quarter worth approximately $6,313,000. Finally, PGIM Custom Harvest LLC lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 5.9% in the 1st quarter. PGIM Custom Harvest LLC now owns 1,559,214 shares of the company’s stock valued at $111,593,000 after buying an additional 86,307 shares during the period.

iShares U.S. Consumer Staples ETF Price Performance

iShares U.S. Consumer Staples ETF stock opened at $67.95 on Monday. The stock’s 50 day moving average price is $68.01 and its 200 day moving average price is $69.26. iShares U.S. Consumer Staples ETF has a 1-year low of $63.18 and a 1-year high of $73.25. The company has a market cap of $1.29 billion, a PE ratio of 20.18 and a beta of 0.50.

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.