Cetera Investment Advisers Lowers Stock Holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Cetera Investment Advisers trimmed its position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 19.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,656 shares of the company’s stock after selling 3,612 shares during the period. Cetera Investment Advisers owned about 0.12% of iShares U.S. Consumer Discretionary ETF worth $1,191,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IYC. Pacifica Partners Inc. acquired a new position in iShares U.S. Consumer Discretionary ETF in the 1st quarter valued at about $27,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the second quarter worth about $30,000. Ashton Thomas Private Wealth LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the second quarter valued at approximately $36,000. Bray Capital Advisors lifted its position in shares of iShares U.S. Consumer Discretionary ETF by 66.7% during the second quarter. Bray Capital Advisors now owns 500 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the second quarter worth $41,000.

iShares U.S. Consumer Discretionary ETF Stock Up 0.4 %

IYC stock opened at $88.11 on Thursday. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $62.95 and a fifty-two week high of $88.74. The company has a market capitalization of $1.05 billion, a P/E ratio of 29.94 and a beta of 1.16. The company has a 50-day simple moving average of $84.47 and a 200 day simple moving average of $81.65.

iShares U.S. Consumer Discretionary ETF 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.