iShares U.S. Consumer Discretionary ETF $IYC Shares Sold by Ibex Wealth Advisors

Ibex Wealth Advisors reduced its stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 14.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,957 shares of the company’s stock after selling 1,555 shares during the period. Ibex Wealth Advisors owned approximately 0.05% of iShares U.S. Consumer Discretionary ETF worth $892,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Founders Financial Alliance LLC boosted its position in iShares U.S. Consumer Discretionary ETF by 252.2% during the first quarter. Founders Financial Alliance LLC now owns 553 shares of the company’s stock worth $49,000 after purchasing an additional 396 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 535.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 661 shares of the company’s stock worth $66,000 after buying an additional 557 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 2nd quarter valued at about $68,000. Atlantic Union Bankshares Corp purchased a new position in iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at about $165,000. Finally, IFP Advisors Inc raised its position in iShares U.S. Consumer Discretionary ETF by 5.6% during the first quarter. IFP Advisors Inc now owns 2,198 shares of the company’s stock worth $194,000 after acquiring an additional 116 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of IYC opened at $102.08 on Monday. iShares U.S. Consumer Discretionary ETF has a 1-year low of $77.66 and a 1-year high of $106.42. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 26.19 and a beta of 1.20. The firm has a 50 day simple moving average of $103.93 and a 200-day simple moving average of $100.23.

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.