Harbour Investments Inc. increased its position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Free Report) by 316.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 725 shares of the company’s stock after buying an additional 551 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Consumer Discretionary ETF were worth $70,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 3rd quarter worth about $71,847,000. Raymond James Financial Inc. acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter worth approximately $21,561,000. SPC Financial Inc. boosted its position in iShares U.S. Consumer Discretionary ETF by 3,152.2% during the fourth quarter. SPC Financial Inc. now owns 178,544 shares of the company’s stock worth $17,165,000 after purchasing an additional 173,054 shares during the period. Norden Group LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at approximately $9,522,000. Finally, Moloney Securities Asset Management LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at approximately $6,782,000.
iShares U.S. Consumer Discretionary ETF Trading Up 0.4 %
NYSEARCA IYC opened at $88.31 on Monday. iShares U.S. Consumer Discretionary ETF has a 1 year low of $74.38 and a 1 year high of $101.87. The company has a fifty day simple moving average of $96.14 and a 200 day simple moving average of $93.57. The company has a market cap of $1.48 billion, a P/E ratio of 25.54 and a beta of 1.21.
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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