iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Shares Sold by Truist Financial Corp

Truist Financial Corp lowered its stake in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 33.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,718 shares of the company’s stock after selling 5,323 shares during the period. Truist Financial Corp owned about 0.06% of iShares U.S. Consumer Staples ETF worth $705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in IYK. B. Riley Wealth Advisors Inc. boosted its position in shares of iShares U.S. Consumer Staples ETF by 69.9% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 15,784 shares of the company’s stock worth $1,038,000 after acquiring an additional 6,493 shares in the last quarter. Creative Planning boosted its holdings in iShares U.S. Consumer Staples ETF by 1.2% in the second quarter. Creative Planning now owns 25,366 shares of the company’s stock valued at $1,668,000 after purchasing an additional 300 shares in the last quarter. Blair William & Co. IL boosted its holdings in iShares U.S. Consumer Staples ETF by 25.6% in the second quarter. Blair William & Co. IL now owns 6,396 shares of the company’s stock valued at $421,000 after purchasing an additional 1,303 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new position in iShares U.S. Consumer Staples ETF in the second quarter valued at approximately $304,000. Finally, Envestnet Asset Management Inc. raised its holdings in iShares U.S. Consumer Staples ETF by 9.5% during the second quarter. Envestnet Asset Management Inc. now owns 70,923 shares of the company’s stock worth $4,663,000 after purchasing an additional 6,156 shares in the last quarter.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of IYK stock opened at $70.07 on Tuesday. The stock’s 50-day moving average is $70.11 and its two-hundred day moving average is $67.83. iShares U.S. Consumer Staples ETF has a 1 year low of $59.86 and a 1 year high of $72.29. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35.

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.