Sunbelt Securities Inc. Reduces Stock Holdings in iShares U.S. Consumer Discretionary ETF $IYC

Sunbelt Securities Inc. reduced its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 74.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,498 shares of the company’s stock after selling 13,268 shares during the period. Sunbelt Securities Inc.’s holdings in iShares U.S. Consumer Discretionary ETF were worth $436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 0.9% during the first quarter. NewEdge Advisors LLC now owns 13,837 shares of the company’s stock valued at $1,222,000 after purchasing an additional 125 shares during the period. Goldman Sachs Group Inc. boosted its holdings in iShares U.S. Consumer Discretionary ETF by 62.2% in the first quarter. Goldman Sachs Group Inc. now owns 88,947 shares of the company’s stock valued at $7,856,000 after purchasing an additional 34,093 shares during the last quarter. Jane Street Group LLC grew its position in iShares U.S. Consumer Discretionary ETF by 398.7% during the 1st quarter. Jane Street Group LLC now owns 16,313 shares of the company’s stock worth $1,441,000 after purchasing an additional 13,042 shares during the period. Marshall Wace LLP acquired a new stake in iShares U.S. Consumer Discretionary ETF during the 2nd quarter worth about $258,000. Finally, Vivaldi Capital Management LP grew its position in iShares U.S. Consumer Discretionary ETF by 7.8% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,377 shares of the company’s stock worth $536,000 after purchasing an additional 390 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Performance

NYSEARCA IYC opened at $101.14 on Friday. The stock has a 50-day simple moving average of $100.72 and a two-hundred day simple moving average of $101.30. The firm has a market capitalization of $1.18 billion, a P/E ratio of 26.19 and a beta of 1.13. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $93.99 and a fifty-two week high of $107.36.

iShares U.S. Consumer Discretionary ETF Profile

The iShares US Consumer Discretionary ETF (IYC) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of US companies that provide consumer services. IYC was launched on Jun 12, 2000 and is managed by BlackRock.