Financial Life Planners Invests $58,000 in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Financial Life Planners bought a new stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 889 shares of the company’s stock, valued at approximately $58,000.

Several other institutional investors also recently bought and sold shares of IYK. Fortitude Family Office LLC purchased a new stake in shares of iShares U.S. Consumer Staples ETF during the 3rd quarter valued at $28,000. Western Pacific Wealth Management LP purchased a new position in shares of iShares U.S. Consumer Staples ETF in the 3rd quarter valued at approximately $116,000. Fiera Capital Corp acquired a new stake in iShares U.S. Consumer Staples ETF in the 3rd quarter worth approximately $212,000. U.S. Capital Wealth Advisors LLC acquired a new stake in iShares U.S. Consumer Staples ETF during the 4th quarter worth about $221,000. Finally, Patten & Patten Inc. TN purchased a new stake in iShares U.S. Consumer Staples ETF in the third quarter valued at approximately $239,000.

iShares U.S. Consumer Staples ETF Trading Down 1.0 %

Shares of NYSEARCA IYK opened at $66.36 on Monday. The company has a 50 day simple moving average of $66.74 and a two-hundred day simple moving average of $68.49. iShares U.S. Consumer Staples ETF has a 12 month low of $63.18 and a 12 month high of $72.29. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 7.93 and a beta of 0.35.

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.