HighTower Advisors LLC Has $449,000 Stock Position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

HighTower Advisors LLC cut its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 14.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,839 shares of the company’s stock after selling 1,117 shares during the period. HighTower Advisors LLC’s holdings in iShares U.S. Consumer Staples ETF were worth $449,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. bought a new stake in iShares U.S. Consumer Staples ETF in the 4th quarter valued at about $6,707,000. BNP Paribas Financial Markets acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the third quarter valued at approximately $7,057,000. Grimes & Company Inc. bought a new stake in shares of iShares U.S. Consumer Staples ETF in the fourth quarter valued at approximately $3,233,000. Sovran Advisors LLC acquired a new stake in iShares U.S. Consumer Staples ETF during the fourth quarter worth approximately $1,202,000. Finally, Bank of Montreal Can increased its stake in iShares U.S. Consumer Staples ETF by 39.2% during the 3rd quarter. Bank of Montreal Can now owns 33,892 shares of the company’s stock worth $2,389,000 after acquiring an additional 9,549 shares during the period.

iShares U.S. Consumer Staples ETF Price Performance

Shares of NYSEARCA IYK opened at $70.59 on Monday. The business has a fifty day moving average price of $68.53 and a two-hundred day moving average price of $68.44. The stock has a market capitalization of $1.49 billion, a PE ratio of 21.94 and a beta of 0.69. iShares U.S. Consumer Staples ETF has a fifty-two week low of $63.18 and a fifty-two week high of $73.25.

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.