Prospera Financial Services Inc Decreases Holdings in iShares U.S. Consumer Discretionary ETF $IYC

Prospera Financial Services Inc trimmed its position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 6.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 118,740 shares of the company’s stock after selling 7,559 shares during the quarter. Prospera Financial Services Inc’s holdings in iShares U.S. Consumer Discretionary ETF were worth $12,246,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IYC. AlphaCore Capital LLC grew its holdings in iShares U.S. Consumer Discretionary ETF by 1,653,518.2% during the 4th quarter. AlphaCore Capital LLC now owns 181,898 shares of the company’s stock valued at $18,759,000 after purchasing an additional 181,887 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares U.S. Consumer Discretionary ETF by 361.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 188,009 shares of the company’s stock valued at $19,389,000 after purchasing an additional 147,240 shares during the last quarter. Camarda Financial Advisors LLC bought a new position in iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at about $13,678,000. Two Sigma Investments LP bought a new position in iShares U.S. Consumer Discretionary ETF during the 3rd quarter valued at about $11,109,000. Finally, MML Investors Services LLC grew its holdings in iShares U.S. Consumer Discretionary ETF by 35.2% during the 2nd quarter. MML Investors Services LLC now owns 343,195 shares of the company’s stock valued at $34,196,000 after purchasing an additional 89,260 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Trading Up 0.1%

Shares of NYSEARCA:IYC opened at $102.18 on Friday. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 26.19 and a beta of 1.15. iShares U.S. Consumer Discretionary ETF has a 12 month low of $93.99 and a 12 month high of $107.36. The firm’s 50-day moving average is $100.18 and its 200 day moving average is $102.06.

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.