Flow Traders U.S. LLC Makes New Investment in iShares U.S. Consumer Discretionary ETF $IYC

Flow Traders U.S. LLC purchased a new position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the third quarter, HoldingsChannel.com reports. The fund purchased 31,924 shares of the company’s stock, valued at approximately $3,346,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IYC. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 15.3% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,837,118 shares of the company’s stock worth $192,530,000 after purchasing an additional 244,017 shares in the last quarter. PGIM Custom Harvest LLC increased its position in iShares U.S. Consumer Discretionary ETF by 5.4% during the 2nd quarter. PGIM Custom Harvest LLC now owns 1,027,290 shares of the company’s stock valued at $102,359,000 after buying an additional 53,074 shares in the last quarter. Bank of America Corp DE raised its stake in iShares U.S. Consumer Discretionary ETF by 1.5% in the third quarter. Bank of America Corp DE now owns 866,633 shares of the company’s stock valued at $90,823,000 after buying an additional 12,802 shares during the last quarter. UBS Group AG raised its stake in iShares U.S. Consumer Discretionary ETF by 1.6% in the third quarter. UBS Group AG now owns 546,000 shares of the company’s stock valued at $57,221,000 after buying an additional 8,338 shares during the last quarter. Finally, Pinkerton Wealth LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the second quarter worth about $34,286,000.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of IYC stock opened at $99.11 on Tuesday. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $77.66 and a fifty-two week high of $107.36. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 26.19 and a beta of 1.20. The stock’s 50-day simple moving average is $103.17 and its 200-day simple moving average is $103.30.

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.