Thrivent Financial for Lutherans Acquires 2,606 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Thrivent Financial for Lutherans boosted its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 68.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,399 shares of the company’s stock after acquiring an additional 2,606 shares during the quarter. Thrivent Financial for Lutherans owned 0.05% of iShares U.S. Consumer Discretionary ETF worth $563,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IYC. Cetera Advisors LLC bought a new position in iShares U.S. Consumer Discretionary ETF in the 1st quarter valued at approximately $644,000. CWM LLC lifted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 2.5% during the 2nd quarter. CWM LLC now owns 6,683 shares of the company’s stock valued at $543,000 after buying an additional 160 shares during the period. CX Institutional bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at $242,000. Global Trust Asset Management LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at $30,000. Finally, Capital Investment Advisors LLC lifted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 2.2% during the 2nd quarter. Capital Investment Advisors LLC now owns 9,427 shares of the company’s stock valued at $766,000 after buying an additional 201 shares during the period.

iShares U.S. Consumer Discretionary ETF Price Performance

NYSEARCA IYC opened at $99.25 on Thursday. The business’s fifty day moving average price is $90.73 and its 200-day moving average price is $84.84. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 29.94 and a beta of 1.16. iShares U.S. Consumer Discretionary ETF has a 1-year low of $71.73 and a 1-year high of $99.37.

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.