HighTower Advisors LLC Sells 319 Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

HighTower Advisors LLC lessened its position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 3.9% in the third quarter, HoldingsChannel reports. The fund owned 7,956 shares of the company’s stock after selling 319 shares during the quarter. HighTower Advisors LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $560,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC increased its position in shares of iShares U.S. Consumer Staples ETF by 2,551,160.4% during the third quarter. International Assets Investment Management LLC now owns 26,864,772 shares of the company’s stock worth $1,895,847,000 after acquiring an additional 26,863,719 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in iShares U.S. Consumer Staples ETF during the 3rd quarter valued at about $7,057,000. Bellwether Advisors LLC increased its holdings in iShares U.S. Consumer Staples ETF by 44.3% during the 3rd quarter. Bellwether Advisors LLC now owns 180,603 shares of the company’s stock worth $12,745,000 after purchasing an additional 55,464 shares in the last quarter. MGO One Seven LLC raised its stake in shares of iShares U.S. Consumer Staples ETF by 46.5% in the second quarter. MGO One Seven LLC now owns 85,880 shares of the company’s stock worth $5,647,000 after purchasing an additional 27,266 shares during the last quarter. Finally, OneDigital Investment Advisors LLC bought a new position in shares of iShares U.S. Consumer Staples ETF in the third quarter valued at approximately $1,461,000.

iShares U.S. Consumer Staples ETF Stock Up 0.4 %

Shares of NYSEARCA:IYK opened at $66.03 on Friday. The business’s 50 day moving average is $68.96 and its 200 day moving average is $68.64. iShares U.S. Consumer Staples ETF has a 12-month low of $62.36 and a 12-month high of $72.29. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35.

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.