iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) Short Interest Update

iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 25,528 shares, a decline of 63.6% from the July 30th total of 70,096 shares. Based on an average trading volume of 241,252 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

iShares U.S. Consumer Staples ETF Trading Up 0.6%

NYSEARCA IYK traded up $0.47 during trading hours on Friday, hitting $75.16. 74,919 shares of the company’s stock traded hands, compared to its average volume of 348,392. iShares U.S. Consumer Staples ETF has a 52 week low of $65.21 and a 52 week high of $78.33. The business’s fifty day moving average price is $74.37 and its two-hundred day moving average price is $72.94. The firm has a market capitalization of $1.42 billion, a P/E ratio of 20.18 and a beta of 0.40.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Consumer Staples ETF by 3.8% during the second quarter. JPMorgan Chase & Co. now owns 28,807 shares of the company’s stock valued at $2,030,000 after purchasing an additional 1,065 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of iShares U.S. Consumer Staples ETF in the second quarter worth $605,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares U.S. Consumer Staples ETF during the 2nd quarter valued at $185,000. NewEdge Advisors LLC raised its position in shares of iShares U.S. Consumer Staples ETF by 213.1% during the 2nd quarter. NewEdge Advisors LLC now owns 73,292 shares of the company’s stock valued at $5,166,000 after purchasing an additional 49,887 shares during the period. Finally, Quantinno Capital Management LP lifted its stake in shares of iShares U.S. Consumer Staples ETF by 31.7% during the 2nd quarter. Quantinno Capital Management LP now owns 4,907 shares of the company’s stock valued at $346,000 after buying an additional 1,180 shares in the last quarter.

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. The Underlying Index measures the performance of the consumer goods sector of the United States equity market. The Underlying Index includes companies in a range of industry groups, which include automobiles and parts, beverages, food producers, household goods, leisure goods, personal goods and tobacco.