Fifth Third Bancorp Acquires New Holdings in iShares U.S. Consumer Staples ETF $IYK

Fifth Third Bancorp purchased a new stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the 1st quarter, Holdings Channel.com reports. The fund purchased 12,988 shares of the company’s stock, valued at approximately $910,000.

Several other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in shares of iShares U.S. Consumer Staples ETF by 3.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 28,807 shares of the company’s stock worth $2,030,000 after purchasing an additional 1,065 shares in the last quarter. Marshall Wace LLP bought a new stake in iShares U.S. Consumer Staples ETF during the 2nd quarter valued at approximately $605,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares U.S. Consumer Staples ETF during the second quarter valued at approximately $185,000. NewEdge Advisors LLC raised its position in shares of iShares U.S. Consumer Staples ETF by 213.1% during the second quarter. NewEdge Advisors LLC now owns 73,292 shares of the company’s stock valued at $5,166,000 after buying an additional 49,887 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 31.7% in the second quarter. Quantinno Capital Management LP now owns 4,907 shares of the company’s stock worth $346,000 after buying an additional 1,180 shares in the last quarter.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of NYSEARCA:IYK opened at $74.47 on Monday. The firm has a fifty day moving average price of $72.95 and a 200 day moving average price of $72.08. iShares U.S. Consumer Staples ETF has a fifty-two week low of $65.21 and a fifty-two week high of $77.70. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 20.18 and a beta of 0.40.

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.