Stifel Financial Corp Grows Holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Stifel Financial Corp raised its position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 397.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,488 shares of the company’s stock after purchasing an additional 41,140 shares during the quarter. Stifel Financial Corp’s holdings in iShares U.S. Consumer Discretionary ETF were worth $4,528,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IYC. Creative Planning grew its position in shares of iShares U.S. Consumer Discretionary ETF by 5.5% during the third 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. Thrivent Financial for Lutherans grew its holdings in 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 valued at $563,000 after buying an additional 2,606 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Consumer Discretionary ETF in the second quarter worth $472,000. First Citizens Financial Corp boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 1.5% during the third quarter. First Citizens Financial Corp now owns 61,709 shares of the company’s stock worth $5,427,000 after acquiring an additional 883 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in iShares U.S. Consumer Discretionary ETF during the second quarter valued at $41,000.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of NYSEARCA IYC opened at $100.60 on Monday. The firm’s fifty day moving average is $92.79 and its two-hundred day moving average is $86.04. iShares U.S. Consumer Discretionary ETF has a 52-week low of $73.22 and a 52-week high of $101.50. The company has a market cap of $1.20 billion, a P/E ratio of 29.94 and a beta of 1.16.

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.