Targeted Financial Services LLC Purchases New Stake in iShares U.S. Consumer Staples ETF $IYK

Targeted Financial Services LLC acquired a new stake in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,275 shares of the company’s stock, valued at approximately $554,000. iShares U.S. Consumer Staples ETF comprises about 0.5% of Targeted Financial Services LLC’s portfolio, making the stock its 25th biggest position.

Other institutional investors also recently modified their holdings of the company. Leo Wealth LLC bought a new stake in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth about $2,142,000. Mawer Investment Management Ltd. acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the fourth quarter valued at approximately $1,136,000. GSA Capital Partners LLP bought a new stake in iShares U.S. Consumer Staples ETF during the 3rd quarter worth about $463,000. Advisors Capital Management LLC bought a new stake in iShares U.S. Consumer Staples ETF during the third quarter worth about $3,435,000. Finally, BCS Wealth Management acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the 4th quarter valued at approximately $1,205,000.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of NYSEARCA:IYK opened at $71.57 on Friday. The company has a 50-day simple moving average of $71.48 and a 200 day simple moving average of $70.92. The company has a market capitalization of $1.38 billion, a P/E ratio of 20.18 and a beta of 0.41. iShares U.S. Consumer Staples ETF has a 52-week low of $65.21 and a 52-week 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.