IYK Stock Summary and Trading Ideas (iShares U.S. Consumer Staples ETF | ARCA:IYK)

The iShares U.S. Consumer Staples ETF seeks to track the investment results of an index composed of U.S. equities in the consumer staples sector. IYK changed its name to the iShares U.S. Consumer Staples ETF and its index from the Dow Jones U.S. Consumer Goods Index to the Russell 1000 Consumer Staples RIC 22.5/45 Capped Index.

iShares U.S. Consumer Staples ETF trades on the ARCA stock market under the symbol IYK.

As of April 16, 2024, IYK stock price climbed to $64.24 with 81,917 million shares trading.

IYK has a beta of 0.44, meaning it tends to be less sensitive to market movements. IYK has a correlation of 0.21 to the broad based SPY ETF.

IYK has a market cap of $1.23 billion. This is considered a Small Cap stock.

In the last 3 years, IYK stock traded as high as $71.80 and as low as $58.07.

IYK has underperformed the market in the last year with a price return of -1.6% while the SPY ETF gained +23.7%. IYK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.1% and -4.3%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

IYK support price is $63.64 and resistance is $64.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IYK stock will trade within this expected range on the day.