Bank of New York Mellon Corp boosted its stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Free Report) by 54.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,483 shares of the company’s stock after purchasing an additional 2,979 shares during the quarter. Bank of New York Mellon Corp owned 0.07% of iShares U.S. Consumer Discretionary ETF worth $816,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Consumer Discretionary ETF by 101.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 62,688 shares of the company’s stock worth $5,513,000 after purchasing an additional 31,606 shares during the period. Global Retirement Partners LLC grew its position in iShares U.S. Consumer Discretionary ETF by 576.9% during the fourth quarter. Global Retirement Partners LLC now owns 704 shares of the company’s stock worth $68,000 after buying an additional 600 shares in the last quarter. HighTower Advisors LLC increased its stake in iShares U.S. Consumer Discretionary ETF by 44.2% during the third quarter. HighTower Advisors LLC now owns 7,877 shares of the company’s stock valued at $693,000 after acquiring an additional 2,415 shares during the period. Truist Financial Corp lifted its position in shares of iShares U.S. Consumer Discretionary ETF by 6.1% in the 4th quarter. Truist Financial Corp now owns 12,686 shares of the company’s stock worth $1,220,000 after acquiring an additional 730 shares during the period. Finally, Thrivent Financial for Lutherans grew its holdings in shares of iShares U.S. Consumer Discretionary ETF by 68.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 6,399 shares of the company’s stock worth $563,000 after purchasing an additional 2,606 shares in the last quarter.
iShares U.S. Consumer Discretionary ETF Trading Up 0.6 %
IYC opened at $91.41 on Wednesday. The stock’s 50 day simple moving average is $95.97 and its 200-day simple moving average is $93.70. The stock has a market cap of $1.38 billion, a PE ratio of 24.66 and a beta of 1.21. iShares U.S. Consumer Discretionary ETF has a 1 year low of $74.38 and a 1 year 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.
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