Zhang Financial LLC Makes New $212,000 Investment in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Zhang Financial LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,210 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IYC. The Manufacturers Life Insurance Company bought a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter worth about $71,847,000. Apollon Wealth Management LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the third quarter valued at approximately $13,255,000. BNP Paribas Financial Markets bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the third quarter valued at approximately $4,485,000. Cadent Capital Advisors LLC purchased a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter worth approximately $4,203,000. Finally, Stifel Financial Corp lifted its position in iShares U.S. Consumer Discretionary ETF by 397.6% in the 3rd quarter. Stifel Financial Corp now owns 51,488 shares of the company’s stock valued at $4,528,000 after acquiring an additional 41,140 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Trading Up 1.1 %

Shares of IYC opened at $97.96 on Tuesday. iShares U.S. Consumer Discretionary ETF has a 12 month low of $73.67 and a 12 month high of $101.57. The business’s fifty day simple moving average is $97.37 and its two-hundred day simple moving average is $89.11. The company has a market cap of $1.17 billion, a price-to-earnings 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.