Sovran Advisors LLC Invests $1.20 Million in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Sovran Advisors LLC purchased a new stake in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 18,709 shares of the company’s stock, valued at approximately $1,202,000. Sovran Advisors LLC owned 0.10% of iShares U.S. Consumer Staples ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its position in shares of iShares U.S. Consumer Staples ETF by 2,551,160.4% in the third quarter. International Assets Investment Management LLC now owns 26,864,772 shares of the company’s stock valued at $1,895,847,000 after purchasing an additional 26,863,719 shares during the period. Bellwether Advisors LLC boosted its holdings in iShares U.S. Consumer Staples ETF by 44.3% in the 3rd quarter. Bellwether Advisors LLC now owns 180,603 shares of the company’s stock worth $12,745,000 after buying an additional 55,464 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in iShares U.S. Consumer Staples ETF during the 3rd quarter worth approximately $7,057,000. Raymond James & Associates raised its holdings in shares of iShares U.S. Consumer Staples ETF by 11.9% during the third quarter. Raymond James & Associates now owns 55,991 shares of the company’s stock valued at $3,951,000 after acquiring an additional 5,968 shares during the last quarter. Finally, Grimes & Company Inc. acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth approximately $3,233,000.

iShares U.S. Consumer Staples ETF Stock Performance

NYSEARCA IYK opened at $66.55 on Tuesday. iShares U.S. Consumer Staples ETF has a one year low of $63.18 and a one year high of $72.29. The business has a fifty day moving average price of $66.29 and a 200 day moving average price of $68.45. The company has a market cap of $1.24 billion, a P/E 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.