Sonata Capital Group Inc. Makes New $596,000 Investment in iShares U.S. Consumer Discretionary ETF $IYC

Sonata Capital Group Inc. purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,290 shares of the company’s stock, valued at approximately $596,000.

Several other hedge funds have also added to or reduced their stakes in IYC. Whitener Capital Management Inc. acquired a new stake in iShares U.S. Consumer Discretionary ETF in the third quarter worth about $1,023,000. R2 Capital Strategies LLC raised its holdings in iShares U.S. Consumer Discretionary ETF by 3.9% during the 3rd quarter. R2 Capital Strategies LLC now owns 7,858 shares of the company’s stock worth $745,000 after purchasing an additional 292 shares during the last quarter. First Citizens Bank & Trust Co. acquired a new position in iShares U.S. Consumer Discretionary ETF during the 3rd quarter valued at about $377,000. Atlas Brown Inc. acquired a new position in iShares U.S. Consumer Discretionary ETF during the 3rd quarter valued at about $240,000. Finally, CoreCap Advisors LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 8.4% during the 3rd quarter. CoreCap Advisors LLC now owns 4,897 shares of the company’s stock valued at $464,000 after purchasing an additional 379 shares during the period.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of NYSEARCA IYC traded up $0.69 during mid-day trading on Monday, hitting $99.40. The company’s stock had a trading volume of 44,631 shares, compared to its average volume of 139,019. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 26.19 and a beta of 1.15. iShares U.S. Consumer Discretionary ETF has a one year low of $93.99 and a one year high of $107.36. The company’s fifty day simple moving average is $99.12 and its 200-day simple moving average is $100.38.

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.