iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Shares Sold by LPL Financial LLC

LPL Financial LLC lessened its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 15.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 716,145 shares of the company’s stock after selling 131,288 shares during the quarter. LPL Financial LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $46,972,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. US Bancorp DE boosted its stake in shares of iShares U.S. Consumer Staples ETF by 53.7% during the 4th quarter. US Bancorp DE now owns 701 shares of the company’s stock valued at $46,000 after buying an additional 245 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in iShares U.S. Consumer Staples ETF by 311.5% in the fourth quarter. Farther Finance Advisors LLC now owns 716 shares of the company’s stock valued at $47,000 after acquiring an additional 542 shares in the last quarter. Financial Life Planners bought a new position in iShares U.S. Consumer Staples ETF during the 4th quarter valued at $58,000. IFP Advisors Inc grew its holdings in iShares U.S. Consumer Staples ETF by 168.8% during the 4th quarter. IFP Advisors Inc now owns 1,032 shares of the company’s stock worth $68,000 after acquiring an additional 648 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of iShares U.S. Consumer Staples ETF by 836.2% in the 4th quarter. Allworth Financial LP now owns 2,303 shares of the company’s stock worth $149,000 after purchasing an additional 2,057 shares during the last quarter.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of IYK stock opened at $70.82 on Friday. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 21.94 and a beta of 0.69. iShares U.S. Consumer Staples ETF has a one year low of $63.18 and a one year high of $73.25. The company’s 50-day simple moving average is $68.42 and its 200-day simple moving average is $68.49.

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.