BCS Wealth Management Sells 9,000 Shares of iShares U.S. Consumer Staples ETF $IYK

BCS Wealth Management lessened its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 50.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 9,000 shares of the company’s stock after selling 9,000 shares during the period. BCS Wealth Management’s holdings in iShares U.S. Consumer Staples ETF were worth $630,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Flagship Harbor Advisors LLC purchased a new position in iShares U.S. Consumer Staples ETF in the fourth quarter valued at about $32,000. Reflection Asset Management purchased a new stake in iShares U.S. Consumer Staples ETF during the fourth quarter valued at approximately $37,000. Arax Advisory Partners purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the 4th quarter valued at $45,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the 4th quarter worth $56,000. Finally, Caitlin John LLC acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the 3rd quarter worth $82,000.

iShares U.S. Consumer Staples ETF Price Performance

Shares of IYK stock opened at $72.90 on Thursday. The stock’s fifty day moving average price is $71.57 and its 200 day moving average price is $71.03. iShares U.S. Consumer Staples ETF has a 1-year low of $65.21 and a 1-year high of $77.70. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 20.18 and a beta of 0.41.

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.