iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Shares Sold by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. trimmed its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 2.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,872 shares of the company’s stock after selling 453 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in iShares U.S. Consumer Staples ETF were worth $1,543,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IYK. Brookstone Capital Management raised its stake in shares of iShares U.S. Consumer Staples ETF by 5.6% during the third quarter. Brookstone Capital Management now owns 4,812 shares of the company’s stock worth $340,000 after purchasing an additional 254 shares during the last quarter. Manchester Capital Management LLC boosted its stake in iShares U.S. Consumer Staples ETF by 200.0% in the 1st quarter. Manchester Capital Management LLC now owns 441 shares of the company’s stock worth $30,000 after buying an additional 294 shares during the last quarter. Garrison Point Advisors LLC raised its holdings in shares of iShares U.S. Consumer Staples ETF by 7.6% in the 2nd quarter. Garrison Point Advisors LLC now owns 4,263 shares of the company’s stock worth $280,000 after purchasing an additional 300 shares during the period. Creative Planning raised its holdings in shares of iShares U.S. Consumer Staples ETF by 1.2% during the 2nd quarter. Creative Planning now owns 25,366 shares of the company’s stock valued at $1,668,000 after buying an additional 300 shares during the period. Finally, Angeles Wealth Management LLC lifted its position in iShares U.S. Consumer Staples ETF by 200.0% during the 1st quarter. Angeles Wealth Management LLC now owns 561 shares of the company’s stock worth $38,000 after acquiring an additional 374 shares in the last quarter.

iShares U.S. Consumer Staples ETF Stock Performance

iShares U.S. Consumer Staples ETF stock opened at $69.48 on Friday. The stock’s 50 day moving average price is $70.30 and its 200 day moving average price is $68.00. The firm has a market capitalization of $1.30 billion, a PE ratio of 7.93 and a beta of 0.35. iShares U.S. Consumer Staples ETF has a one year low of $59.86 and a one year high of $72.29.

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.