iShares U.S. Consumer Staples ETF $IYK Shares Sold by Sovran Advisors LLC

Sovran Advisors LLC lessened its holdings in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 4.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,829 shares of the company’s stock after selling 913 shares during the quarter. Sovran Advisors LLC owned 0.09% of iShares U.S. Consumer Staples ETF worth $1,327,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IYK. Citadel Advisors LLC acquired a new stake in iShares U.S. Consumer Staples ETF in the fourth quarter worth about $2,789,000. D. E. Shaw & Co. Inc. purchased a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth about $270,000. Quantinno Capital Management LP purchased a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth about $211,000. GTS Securities LLC purchased a new position in shares of iShares U.S. Consumer Staples ETF in the fourth quarter worth about $340,000. Finally, Sunbelt Securities Inc. raised its stake in shares of iShares U.S. Consumer Staples ETF by 1,293.8% in the fourth quarter. Sunbelt Securities Inc. now owns 6,272 shares of the company’s stock worth $410,000 after purchasing an additional 5,822 shares during the last quarter.

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

Shares of NYSEARCA:IYK opened at $68.36 on Friday. iShares U.S. Consumer Staples ETF has a 52-week low of $63.18 and a 52-week high of $73.25. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 20.18 and a beta of 0.74. The business has a 50-day moving average price of $69.91 and a 200-day moving average price of $70.22.

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.