Apollon Wealth Management LLC Sells 148,493 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Apollon Wealth Management LLC lowered its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 98.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,238 shares of the company’s stock after selling 148,493 shares during the period. Apollon Wealth Management LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Creative Planning raised its stake in iShares U.S. Consumer Discretionary ETF by 5.5% in the 3rd quarter. Creative Planning now owns 8,655 shares of the company’s stock worth $761,000 after purchasing an additional 452 shares in the last quarter. Raymond James & Associates raised its holdings in iShares U.S. Consumer Discretionary ETF by 3.1% during the 3rd quarter. Raymond James & Associates now owns 54,028 shares of the company’s stock worth $4,751,000 after purchasing an additional 1,607 shares during the last quarter. Global Trust Asset Management LLC boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 219.2% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,165 shares of the company’s stock valued at $102,000 after purchasing an additional 800 shares in the last quarter. Southern Capital Advisors LLC boosted its holdings in iShares U.S. Consumer Discretionary ETF by 2.2% in the third quarter. Southern Capital Advisors LLC now owns 41,957 shares of the company’s stock worth $3,690,000 after acquiring an additional 903 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the third quarter worth about $339,000.

iShares U.S. Consumer Discretionary ETF Price Performance

NYSEARCA IYC opened at $100.98 on Friday. iShares U.S. Consumer Discretionary ETF has a 1 year low of $74.38 and a 1 year high of $101.87. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 29.94 and a beta of 1.16. The company has a fifty day moving average price of $98.82 and a 200-day moving average price of $91.42.

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.