NewEdge Advisors LLC trimmed its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Free Report) by 60.4% during the first quarter, HoldingsChannel.com reports. The fund owned 13,490 shares of the company’s stock after selling 20,600 shares during the period. NewEdge Advisors LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $1,307,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of IYC. Acumen Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at $27,000. CENTRAL TRUST Co boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 70.0% in the 1st quarter. CENTRAL TRUST Co now owns 340 shares of the company’s stock valued at $33,000 after purchasing an additional 140 shares during the period. Strive Financial Group LLC purchased a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter worth about $36,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter worth about $45,000. Finally, Reflection Asset Management acquired a new stake in iShares U.S. Consumer Discretionary ETF during the 4th quarter worth about $56,000.
iShares U.S. Consumer Discretionary ETF Stock Performance
IYC stock opened at $103.45 on Monday. iShares U.S. Consumer Discretionary ETF has a one year low of $93.99 and a one year high of $107.36. The firm has a market capitalization of $1.22 billion, a PE ratio of 26.19 and a beta of 1.13. The firm has a 50-day moving average of $101.03 and a two-hundred day moving average of $101.08.
About iShares U.S. Consumer Discretionary ETF
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.
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