BNP Paribas Financial Markets Sells 149,928 Shares of iShares U.S. Consumer Staples ETF $IYK

BNP Paribas Financial Markets lessened its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 60.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 99,504 shares of the company’s stock after selling 149,928 shares during the period. BNP Paribas Financial Markets’ holdings in iShares U.S. Consumer Staples ETF were worth $6,659,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IYK. Leo Wealth LLC acquired a new position in iShares U.S. Consumer Staples ETF during the 4th quarter worth approximately $2,142,000. GSA Capital Partners LLP acquired a new position in iShares U.S. Consumer Staples ETF during the 3rd quarter worth approximately $463,000. Advisors Capital Management LLC acquired a new position in iShares U.S. Consumer Staples ETF during the 3rd quarter worth approximately $3,435,000. BCS Wealth Management acquired a new position in iShares U.S. Consumer Staples ETF during the 4th quarter worth approximately $1,205,000. Finally, Welch Group LLC acquired a new position in iShares U.S. Consumer Staples ETF during the 4th quarter worth approximately $767,000.

iShares U.S. Consumer Staples ETF Price Performance

IYK stock opened at $72.50 on Wednesday. The company has a 50 day simple moving average of $71.02 and a 200 day simple moving average of $70.71. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 20.18 and a beta of 0.41. iShares U.S. Consumer Staples ETF has a 1 year low of $65.21 and a 1 year high of $77.70.

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. The Underlying Index measures the performance of the consumer goods sector of the United States equity market. The Underlying Index includes companies in a range of industry groups, which include automobiles and parts, beverages, food producers, household goods, leisure goods, personal goods and tobacco.