Conservest Capital Advisors Inc. Sells 7,278 Shares of iShares U.S. Consumer Staples ETF $IYK

Conservest Capital Advisors Inc. reduced its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 16.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,249 shares of the company’s stock after selling 7,278 shares during the period. Conservest Capital Advisors Inc. owned approximately 0.19% of iShares U.S. Consumer Staples ETF worth $2,609,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners acquired a new position in iShares U.S. Consumer Staples ETF in the 1st quarter valued at $25,000. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares U.S. Consumer Staples ETF during the 4th quarter worth $32,000. Reflection Asset Management bought a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth $37,000. Arax Advisory Partners bought a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares U.S. Consumer Staples ETF in the fourth quarter valued at about $56,000.

iShares U.S. Consumer Staples ETF Stock Down 1.5%

IYK stock opened at $73.09 on Wednesday. iShares U.S. Consumer Staples ETF has a 52 week low of $65.21 and a 52 week high of $77.70. The business has a 50-day simple moving average of $72.55 and a 200 day simple moving average of $71.67. The company has a market cap of $1.36 billion, a PE ratio of 20.18 and a beta of 0.40.

iShares U.S. Consumer Staples ETF 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.