Allworth Financial LP Increases Stock Position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Allworth Financial LP lifted its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 836.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,303 shares of the company’s stock after purchasing an additional 2,057 shares during the quarter. Allworth Financial LP’s holdings in iShares U.S. Consumer Staples ETF were worth $149,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of IYK. Raymond James & Associates grew its position in iShares U.S. Consumer Staples ETF by 11.9% in the 3rd quarter. Raymond James & Associates now owns 55,991 shares of the company’s stock valued at $3,951,000 after buying an additional 5,968 shares during the last quarter. Bank of Montreal Can grew its position in iShares U.S. Consumer Staples ETF by 39.2% in the 3rd quarter. Bank of Montreal Can now owns 33,892 shares of the company’s stock valued at $2,389,000 after buying an additional 9,549 shares during the last quarter. Janney Montgomery Scott LLC grew its position in iShares U.S. Consumer Staples ETF by 25.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 14,004 shares of the company’s stock valued at $919,000 after buying an additional 2,828 shares during the last quarter. Brookstone Capital Management grew its position in iShares U.S. Consumer Staples ETF by 9.1% in the 4th quarter. Brookstone Capital Management now owns 5,248 shares of the company’s stock valued at $344,000 after buying an additional 436 shares during the last quarter. Finally, Ameritas Advisory Services LLC grew its position in iShares U.S. Consumer Staples ETF by 14.2% in the 4th quarter. Ameritas Advisory Services LLC now owns 8,559 shares of the company’s stock valued at $561,000 after buying an additional 1,067 shares during the last quarter.

iShares U.S. Consumer Staples ETF Price Performance

NYSEARCA:IYK opened at $69.93 on Monday. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 21.67 and a beta of 0.72. iShares U.S. Consumer Staples ETF has a 1-year low of $63.18 and a 1-year high of $72.29. The firm’s fifty day moving average price is $66.06 and its 200 day moving average price is $68.43.

About iShares U.S. Consumer Staples ETF

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.