U.S. Capital Wealth Advisors LLC Buys New Stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

U.S. Capital Wealth Advisors LLC bought a new stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 10,297 shares of the company’s stock, valued at approximately $990,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Trust Asset Management LLC raised its holdings in iShares U.S. Consumer Discretionary ETF by 219.2% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,165 shares of the company’s stock valued at $102,000 after acquiring an additional 800 shares during the last quarter. Advisory Alpha LLC acquired a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $202,000. Touchstone Capital Inc. acquired a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at $204,000. Sax Wealth Advisors LLC acquired a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $204,000. Finally, Essential Planning LLC. acquired a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at $211,000.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of IYC opened at $101.14 on Wednesday. The stock has a fifty day moving average of $98.50 and a two-hundred day moving average of $90.41. The company has a market capitalization of $1.21 billion, a PE ratio of 29.94 and a beta of 1.16. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $74.38 and a fifty-two week high of $101.87.

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.