JPMorgan Chase & Co. Trims Stock Holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

JPMorgan Chase & Co. cut its holdings in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 6.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,480 shares of the company’s stock after selling 1,333 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.10% of iShares U.S. Consumer Staples ETF worth $1,304,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IYK. International Assets Investment Management LLC increased its position in iShares U.S. Consumer Staples ETF by 2,551,160.4% in the 3rd quarter. International Assets Investment Management LLC now owns 26,864,772 shares of the company’s stock worth $1,895,847,000 after buying an additional 26,863,719 shares during the period. Bellwether Advisors LLC increased its holdings in iShares U.S. Consumer Staples ETF by 44.3% during the 3rd quarter. Bellwether Advisors LLC now owns 180,603 shares of the company’s stock valued at $12,745,000 after purchasing an additional 55,464 shares in the last quarter. BNP Paribas Financial Markets bought a new position in iShares U.S. Consumer Staples ETF in the 3rd quarter valued at $7,057,000. Envestnet Asset Management Inc. lifted its position in iShares U.S. Consumer Staples ETF by 9.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 70,923 shares of the company’s stock valued at $4,663,000 after purchasing an additional 6,156 shares during the period. Finally, Raymond James & Associates lifted its stake in shares of iShares U.S. Consumer Staples ETF by 11.9% in the 3rd quarter. Raymond James & Associates now owns 55,991 shares of the company’s stock valued at $3,951,000 after purchasing an additional 5,968 shares during the period.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of IYK opened at $65.51 on Friday. The stock has a 50 day simple moving average of $67.02 and a 200 day simple moving average of $68.44. iShares U.S. Consumer Staples ETF has a 52-week low of $63.18 and a 52-week high of $72.29. The firm has a market capitalization of $1.23 billion, a PE ratio of 7.93 and a beta of 0.35.

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.