Arkadios Wealth Advisors Reduces Holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Arkadios Wealth Advisors lowered its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 20.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,843 shares of the company’s stock after selling 967 shares during the period. Arkadios Wealth Advisors’ holdings in iShares U.S. Consumer Staples ETF were worth $253,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in iShares U.S. Consumer Staples ETF by 213.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 216,605 shares of the company’s stock worth $14,649,000 after purchasing an additional 147,506 shares during the period. Osaic Holdings Inc. boosted its stake in shares of iShares U.S. Consumer Staples ETF by 178.2% during the first quarter. Osaic Holdings Inc. now owns 155,070 shares of the company’s stock worth $10,490,000 after buying an additional 99,333 shares during the period. Cetera Investment Advisers grew its holdings in shares of iShares U.S. Consumer Staples ETF by 979.3% during the first quarter. Cetera Investment Advisers now owns 131,503 shares of the company’s stock worth $8,894,000 after buying an additional 119,319 shares during the last quarter. 49 Wealth Management LLC increased its position in iShares U.S. Consumer Staples ETF by 240.3% in the 1st quarter. 49 Wealth Management LLC now owns 122,091 shares of the company’s stock valued at $8,197,000 after acquiring an additional 86,213 shares during the period. Finally, WealthCare Investment Partners LLC raised its stake in iShares U.S. Consumer Staples ETF by 187.4% during the 1st quarter. WealthCare Investment Partners LLC now owns 99,737 shares of the company’s stock valued at $6,745,000 after acquiring an additional 65,037 shares during the last quarter.

iShares U.S. Consumer Staples ETF Trading Up 0.8 %

iShares U.S. Consumer Staples ETF stock opened at $70.79 on Friday. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35. The stock has a 50 day moving average of $67.81 and a two-hundred day moving average of $66.78. iShares U.S. Consumer Staples ETF has a twelve month low of $59.04 and a twelve month high of $70.80.

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.