First Citizens Financial Corp Cuts Stock Position in iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

First Citizens Financial Corp cut its stake in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 44,924 shares of the company’s stock after selling 401 shares during the period. iShares U.S. Consumer Staples ETF makes up about 1.6% of First Citizens Financial Corp’s investment portfolio, making the stock its 19th biggest position. First Citizens Financial Corp’s holdings in iShares U.S. Consumer Staples ETF were worth $2,947,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IYK. Fortitude Family Office LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF during the 3rd quarter worth about $28,000. Financial Gravity Asset Management Inc. purchased a new stake in iShares U.S. Consumer Staples ETF during the 2nd quarter worth approximately $41,000. Ashton Thomas Private Wealth LLC purchased a new stake in iShares U.S. Consumer Staples ETF during the 2nd quarter worth approximately $45,000. Western Pacific Wealth Management LP acquired a new position in shares of iShares U.S. Consumer Staples ETF during the third quarter valued at approximately $116,000. Finally, VitalStone Financial LLC purchased a new position in shares of iShares U.S. Consumer Staples ETF in the second quarter valued at approximately $143,000.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of NYSEARCA:IYK traded up $0.35 during trading on Friday, reaching $65.65. The stock had a trading volume of 37,548 shares, compared to its average volume of 83,695. iShares U.S. Consumer Staples ETF has a 1-year low of $63.21 and a 1-year high of $72.29. The stock has a market cap of $1.23 billion, a PE ratio of 7.93 and a beta of 0.35. The business has a fifty day moving average price of $68.21 and a 200-day moving average price of $68.60.

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.