Foundations Investment Advisors LLC Acquires 10,248 Shares of iShares U.S. Consumer Discretionary ETF $IYC

Foundations Investment Advisors LLC raised its holdings in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 5.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 199,897 shares of the company’s stock after purchasing an additional 10,248 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $19,918,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Founders Financial Alliance LLC increased its holdings in iShares U.S. Consumer Discretionary ETF by 252.2% in the 1st quarter. Founders Financial Alliance LLC now owns 553 shares of the company’s stock worth $49,000 after buying an additional 396 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 535.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 661 shares of the company’s stock valued at $66,000 after acquiring an additional 557 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the second quarter worth approximately $68,000. Atlantic Union Bankshares Corp bought a new position in iShares U.S. Consumer Discretionary ETF during the second quarter valued at approximately $165,000. Finally, IFP Advisors Inc boosted its holdings in iShares U.S. Consumer Discretionary ETF by 5.6% in the first quarter. IFP Advisors Inc now owns 2,198 shares of the company’s stock worth $194,000 after purchasing an additional 116 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Trading Down 0.9%

Shares of IYC opened at $100.77 on Friday. The firm has a fifty day simple moving average of $103.80 and a two-hundred day simple moving average of $100.54. The firm has a market cap of $1.74 billion, a PE ratio of 26.19 and a beta of 1.20. iShares U.S. Consumer Discretionary ETF has a 1-year low of $77.66 and a 1-year high of $106.42.

iShares U.S. Consumer Discretionary ETF 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.