SFI Advisors LLC Has $4.42 Million Holdings in iShares U.S. Consumer Staples ETF $IYK

SFI Advisors LLC trimmed its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 7.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,708 shares of the company’s stock after selling 4,707 shares during the period. iShares U.S. Consumer Staples ETF makes up approximately 3.1% of SFI Advisors LLC’s investment portfolio, making the stock its 15th largest position. SFI Advisors LLC owned about 0.31% of iShares U.S. Consumer Staples ETF worth $4,420,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Arkadios Wealth Advisors acquired a new position in shares of iShares U.S. Consumer Staples ETF during the 2nd quarter worth $293,000. Focus Financial Network Inc. grew its position in iShares U.S. Consumer Staples ETF by 106.7% in the second quarter. Focus Financial Network Inc. now owns 6,529 shares of the company’s stock valued at $460,000 after acquiring an additional 3,371 shares during the last quarter. PNC Financial Services Group Inc. grew its position in iShares U.S. Consumer Staples ETF by 84.7% in the first quarter. PNC Financial Services Group Inc. now owns 5,679 shares of the company’s stock valued at $406,000 after acquiring an additional 2,604 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares U.S. Consumer Staples ETF by 11.6% during the first quarter. Envestnet Asset Management Inc. now owns 56,896 shares of the company’s stock worth $4,072,000 after acquiring an additional 5,903 shares in the last quarter. Finally, CX Institutional lifted its holdings in shares of iShares U.S. Consumer Staples ETF by 936.8% in the second quarter. CX Institutional now owns 7,994 shares of the company’s stock worth $563,000 after acquiring an additional 7,223 shares during the last quarter.

iShares U.S. Consumer Staples ETF Trading Down 0.6%

IYK opened at $67.54 on Tuesday. The company has a market cap of $1.28 billion, a P/E ratio of 20.18 and a beta of 0.50. The company’s 50 day moving average is $68.23 and its 200-day moving average is $69.56. iShares U.S. Consumer Staples ETF has a 1-year low of $63.18 and a 1-year high of $73.25.

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.