Concurrent Investment Advisors LLC Buys 1,306 Shares of iShares U.S. Consumer Discretionary ETF $IYC

Concurrent Investment Advisors LLC increased its stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 29.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,723 shares of the company’s stock after buying an additional 1,306 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $570,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. IFP Advisors Inc boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 5.6% during the 1st quarter. IFP Advisors Inc now owns 2,198 shares of the company’s stock worth $194,000 after buying an additional 116 shares during the period. Advisors Management Group Inc. ADV boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 4.3% during the 2nd quarter. Advisors Management Group Inc. ADV now owns 2,912 shares of the company’s stock worth $290,000 after buying an additional 121 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 0.9% during the 1st quarter. NewEdge Advisors LLC now owns 13,837 shares of the company’s stock worth $1,222,000 after buying an additional 125 shares during the period. Focus Financial Network Inc. boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 4.6% during the 2nd quarter. Focus Financial Network Inc. now owns 2,942 shares of the company’s stock worth $293,000 after buying an additional 130 shares during the period. Finally, Golden State Wealth Management LLC boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 286 shares of the company’s stock worth $25,000 after buying an additional 143 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Up 0.7%

NYSEARCA IYC opened at $102.94 on Friday. The company has a market capitalization of $1.90 billion, a P/E ratio of 26.19 and a beta of 1.13. iShares U.S. Consumer Discretionary ETF has a 12-month low of $77.66 and a 12-month high of $106.42. The firm has a 50-day moving average price of $103.84 and a two-hundred day moving average price of $97.94.

iShares U.S. Consumer Discretionary ETF Company 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.