Zhang Financial LLC Takes $272,000 Position in iShares U.S. Consumer Discretionary ETF $IYC

Zhang Financial LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,734 shares of the company’s stock, valued at approximately $272,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of iShares U.S. Consumer Discretionary ETF during the 1st quarter valued at about $116,274,000. PGIM Custom Harvest LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 16.9% in the first quarter. PGIM Custom Harvest LLC now owns 974,216 shares of the company’s stock valued at $86,048,000 after buying an additional 140,794 shares during the last quarter. Royal Bank of Canada lifted its position in iShares U.S. Consumer Discretionary ETF by 25.4% in the first quarter. Royal Bank of Canada now owns 258,417 shares of the company’s stock valued at $22,825,000 after buying an additional 52,422 shares during the last quarter. MinichMacGregor Wealth Management LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 12.1% in the second quarter. MinichMacGregor Wealth Management LLC now owns 191,409 shares of the company’s stock valued at $19,072,000 after buying an additional 20,675 shares during the last quarter. Finally, Foundations Investment Advisors LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 2,406.3% in the first quarter. Foundations Investment Advisors LLC now owns 189,649 shares of the company’s stock valued at $16,751,000 after buying an additional 182,082 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Price Performance

NYSEARCA IYC opened at $104.09 on Wednesday. The firm’s 50-day moving average is $104.06 and its two-hundred day moving average is $99.12. iShares U.S. Consumer Discretionary ETF has a 12 month low of $77.66 and a 12 month high of $106.42. The stock has a market capitalization of $1.79 billion, a P/E ratio of 26.19 and a beta of 1.20.

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.