Focus Financial Network Inc. Sells 1,918 Shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK)

Focus Financial Network Inc. lessened its position in shares of iShares U.S. Consumer Staples ETF (NYSEARCA:IYK) by 31.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,091 shares of the company’s stock after selling 1,918 shares during the period. Focus Financial Network Inc.’s holdings in iShares U.S. Consumer Staples ETF were worth $268,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Fortitude Family Office LLC acquired a new position in shares of iShares U.S. Consumer Staples ETF during the 3rd quarter valued at $28,000. Financial Life Planners acquired a new position in shares of iShares U.S. Consumer Staples ETF during the fourth quarter valued at about $58,000. Western Pacific Wealth Management LP bought a new position in shares of iShares U.S. Consumer Staples ETF during the 3rd quarter worth about $116,000. Fiera Capital Corp acquired a new stake in shares of iShares U.S. Consumer Staples ETF in the 3rd quarter valued at about $212,000. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in iShares U.S. Consumer Staples ETF in the 4th quarter valued at about $221,000.

iShares U.S. Consumer Staples ETF Stock Performance

Shares of NYSEARCA:IYK opened at $67.63 on Friday. The firm has a market cap of $1.26 billion, a P/E ratio of 7.93 and a beta of 0.35. iShares U.S. Consumer Staples ETF has a 52-week low of $63.18 and a 52-week high of $72.29. The business’s 50 day simple moving average is $66.09 and its two-hundred day simple moving average is $68.44.

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.