iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Shares Purchased by Truist Financial Corp

Truist Financial Corp boosted its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 6.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 12,686 shares of the company’s stock after acquiring an additional 730 shares during the quarter. Truist Financial Corp owned 0.11% of iShares U.S. Consumer Discretionary ETF worth $1,220,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its stake in iShares U.S. Consumer Discretionary ETF by 29.4% in the 4th quarter. Allworth Financial LP now owns 1,180 shares of the company’s stock valued at $117,000 after acquiring an additional 268 shares during the period. Global Trust Asset Management LLC grew its stake in iShares U.S. Consumer Discretionary ETF by 31.3% in the 4th quarter. Global Trust Asset Management LLC now owns 1,530 shares of the company’s stock valued at $147,000 after acquiring an additional 365 shares during the period. Tyche Wealth Partners LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $202,000. Advisory Alpha LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $202,000. Finally, Harbour Trust & Investment Management Co acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $204,000.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of IYC stock opened at $96.38 on Friday. The stock’s fifty day moving average is $98.47 and its two-hundred day moving average is $92.56. The firm has a market capitalization of $1.60 billion, a P/E ratio of 29.52 and a beta of 1.19. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $74.38 and a fifty-two week high of $101.87.

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.