Northwestern Mutual Wealth Management Co. Acquires 147,240 Shares of iShares U.S. Consumer Discretionary ETF $IYC

Northwestern Mutual Wealth Management Co. grew its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 361.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 188,009 shares of the company’s stock after acquiring an additional 147,240 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.34% of iShares U.S. Consumer Discretionary ETF worth $19,389,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Founders Financial Alliance LLC boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 250.6% in the third quarter. Founders Financial Alliance LLC now owns 554 shares of the company’s stock valued at $58,000 after acquiring an additional 396 shares during the period. KBC Group NV bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at about $72,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the third quarter valued at about $102,000. Westfuller Advisors LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the third quarter valued at about $104,000. Finally, Montag A & Associates Inc. boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 57.5% in the fourth quarter. Montag A & Associates Inc. now owns 1,096 shares of the company’s stock valued at $113,000 after acquiring an additional 400 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of iShares U.S. Consumer Discretionary ETF stock opened at $100.05 on Wednesday. The firm has a 50-day moving average of $100.10 and a 200-day moving average of $102.07. The stock has a market cap of $1.17 billion, a PE ratio of 26.19 and a beta of 1.15. iShares U.S. Consumer Discretionary ETF has a 52-week low of $93.99 and a 52-week high of $107.36.

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.