Royal Bank of Canada Grows Stock Holdings in iShares U.S. Consumer Staples ETF $IYK

Royal Bank of Canada lifted its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 62.4% during the first quarter, Holdings Channel reports. The institutional investor owned 173,221 shares of the company’s stock after purchasing an additional 66,550 shares during the period. Royal Bank of Canada’s holdings in iShares U.S. Consumer Staples ETF were worth $12,398,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IYK. Triumph Capital Management purchased a new position in shares of iShares U.S. Consumer Staples ETF during the 4th quarter valued at $268,000. Bank of America Corp DE lifted its stake in shares of iShares U.S. Consumer Staples ETF by 6.7% during the 4th quarter. Bank of America Corp DE now owns 573,620 shares of the company’s stock valued at $37,624,000 after buying an additional 35,963 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of iShares U.S. Consumer Staples ETF during the 4th quarter valued at $2,789,000. EP Wealth Advisors LLC lifted its stake in shares of iShares U.S. Consumer Staples ETF by 50.5% during the 4th quarter. EP Wealth Advisors LLC now owns 2,536 shares of the company’s stock valued at $166,000 after buying an additional 851 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. purchased a new position in shares of iShares U.S. Consumer Staples ETF during the 4th quarter valued at $270,000.

iShares U.S. Consumer Staples ETF Stock Performance

IYK opened at $70.16 on Friday. iShares U.S. Consumer Staples ETF has a fifty-two week low of $63.18 and a fifty-two week high of $73.25. The firm’s fifty day moving average is $70.08 and its 200 day moving average is $70.28. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 20.18 and a beta of 0.74.

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.