iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Stake Lowered by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 8.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,634 shares of the company’s stock after selling 5,054 shares during the period. JPMorgan Chase & Co.’s holdings in iShares U.S. Consumer Discretionary ETF were worth $5,541,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Eaton Financial Holdings Company LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 3rd quarter worth about $2,698,000. Sanctuary Advisors LLC grew its holdings in iShares U.S. Consumer Discretionary ETF by 186.0% during the third quarter. Sanctuary Advisors LLC now owns 17,235 shares of the company’s stock worth $1,654,000 after acquiring an additional 11,208 shares during the period. Cadent Capital Advisors LLC bought a new stake in iShares U.S. Consumer Discretionary ETF in the fourth quarter worth about $4,203,000. Sax Wealth Advisors LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at about $204,000. Finally, Stillwater Capital Advisors LLC grew its stake in shares of iShares U.S. Consumer Discretionary ETF by 13.0% in the 4th quarter. Stillwater Capital Advisors LLC now owns 29,290 shares of the company’s stock worth $2,816,000 after purchasing an additional 3,372 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Price Performance

IYC stock opened at $84.51 on Friday. The firm has a market cap of $1.22 billion, a PE ratio of 24.35 and a beta of 1.22. iShares U.S. Consumer Discretionary ETF has a 12 month low of $74.38 and a 12 month high of $101.87. The firm has a 50 day simple moving average of $90.33 and a 200 day simple moving average of $93.46.

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.