JPMorgan Chase & Co. Acquires 31,606 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

JPMorgan Chase & Co. lifted its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 101.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,688 shares of the company’s stock after purchasing an additional 31,606 shares during the period. JPMorgan Chase & Co. owned about 0.52% of iShares U.S. Consumer Discretionary ETF worth $5,513,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in IYC. Global Trust Asset Management LLC increased its holdings in 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 worth $102,000 after purchasing an additional 800 shares during the period. Touchstone Capital Inc. purchased a new position in shares of iShares U.S. Consumer Discretionary ETF during the third quarter valued at $204,000. Essential Planning LLC. bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the third quarter valued at about $211,000. Americana Partners LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF in the third quarter worth about $213,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its holdings in iShares U.S. Consumer Discretionary ETF by 34.4% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,520 shares of the company’s stock worth $222,000 after acquiring an additional 645 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Stock Performance

NYSEARCA IYC opened at $96.86 on Friday. iShares U.S. Consumer Discretionary ETF has a one year low of $73.42 and a one year high of $101.57. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 29.94 and a beta of 1.16. The company’s 50-day simple moving average is $97.22 and its two-hundred day simple moving average is $88.79.

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.