Stifel Financial Corp Decreases Position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Stifel Financial Corp decreased its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 11.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,461 shares of the company’s stock after selling 1,599 shares during the quarter. Stifel Financial Corp’s holdings in iShares U.S. Consumer Staples ETF were worth $879,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYK. Fortitude Family Office LLC acquired a new position in iShares U.S. Consumer Staples ETF during the 3rd quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the second quarter valued at $41,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the second quarter valued at $45,000. Western Pacific Wealth Management LP acquired a new position in shares of iShares U.S. Consumer Staples ETF in the 3rd quarter valued at $116,000. Finally, VitalStone Financial LLC purchased a new position in iShares U.S. Consumer Staples ETF in the 2nd quarter worth $143,000.

iShares U.S. Consumer Staples ETF Stock Up 0.5 %

Shares of NYSEARCA:IYK opened at $66.10 on Wednesday. The business has a 50-day moving average price of $68.88 and a 200-day moving average price of $68.65. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35. iShares U.S. Consumer Staples ETF has a 52-week low of $63.09 and a 52-week high of $72.29.

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.