Sunbelt Securities Inc. Grows Holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Sunbelt Securities Inc. raised its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 6,100.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,178 shares of the company’s stock after purchasing an additional 1,159 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares U.S. Consumer Staples ETF were worth $80,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Bangor Savings Bank boosted its stake in iShares U.S. Consumer Staples ETF by 200.0% in the 1st quarter. Bangor Savings Bank now owns 408 shares of the company’s stock worth $28,000 after purchasing an additional 272 shares during the period. Fortis Group Advisors LLC boosted its position in shares of iShares U.S. Consumer Staples ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 168 shares of the company’s stock worth $32,000 after acquiring an additional 84 shares during the last quarter. Glass Jacobson Investment Advisors llc bought a new position in shares of iShares U.S. Consumer Staples ETF during the fourth quarter worth $33,000. Angeles Wealth Management LLC purchased a new position in iShares U.S. Consumer Staples ETF during the fourth quarter valued at $36,000. Finally, Tradewinds Capital Management LLC bought a new stake in iShares U.S. Consumer Staples ETF in the 4th quarter valued at $38,000.

iShares U.S. Consumer Staples ETF Stock Down 0.5 %

IYK opened at $65.75 on Friday. The company has a market capitalization of $1.23 billion, a PE ratio of 7.93 and a beta of 0.35. The firm has a 50-day simple moving average of $66.80 and a two-hundred day simple moving average of $65.61. iShares U.S. Consumer Staples ETF has a 52 week low of $59.04 and a 52 week high of $68.70.

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.