6,263 Shares in iShares U.S. Consumer Discretionary ETF $IYC Purchased by Allen Investment Management LLC

Allen Investment Management LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,263 shares of the company’s stock, valued at approximately $646,000.

Several other institutional investors have also added to or reduced their stakes in the business. Flow Traders U.S. LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 3rd quarter valued at approximately $3,346,000. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares U.S. Consumer Discretionary ETF by 361.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 188,009 shares of the company’s stock worth $19,389,000 after buying an additional 147,240 shares during the period. Thrivent Financial for Lutherans grew its stake in iShares U.S. Consumer Discretionary ETF by 30.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 30,165 shares of the company’s stock valued at $3,161,000 after buying an additional 6,963 shares in the last quarter. UBS Group AG grew its stake in iShares U.S. Consumer Discretionary ETF by 1.0% in the 4th quarter. UBS Group AG now owns 551,396 shares of the company’s stock valued at $56,865,000 after buying an additional 5,396 shares in the last quarter. Finally, Well Done LLC grew its stake in iShares U.S. Consumer Discretionary ETF by 14.3% in the 4th quarter. Well Done LLC now owns 71,104 shares of the company’s stock valued at $7,333,000 after buying an additional 8,894 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of IYC stock opened at $100.73 on Wednesday. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 26.19 and a beta of 1.15. The company’s fifty day simple moving average is $100.70 and its two-hundred day simple moving average is $102.05. iShares U.S. Consumer Discretionary ETF has a 1 year low of $93.99 and a 1 year high of $107.36.

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.