Bank of New York Mellon Corp increased its stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Free Report) by 54.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,483 shares of the company’s stock after acquiring an additional 2,979 shares during the period. Bank of New York Mellon Corp’s holdings in iShares U.S. Consumer Discretionary ETF were worth $816,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of IYC. The Manufacturers Life Insurance Company bought a new stake in iShares U.S. Consumer Discretionary ETF during the third quarter worth about $71,847,000. Moloney Securities Asset Management LLC acquired a new position in shares of iShares U.S. Consumer Discretionary ETF in the 4th quarter worth approximately $6,782,000. Ocean Park Asset Management LLC bought a new stake in iShares U.S. Consumer Discretionary ETF during the 4th quarter worth approximately $5,789,000. BNP Paribas Financial Markets acquired a new stake in iShares U.S. Consumer Discretionary ETF during the 3rd quarter valued at $4,485,000. Finally, Cadent Capital Advisors LLC bought a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $4,203,000.
iShares U.S. Consumer Discretionary ETF Stock Performance
iShares U.S. Consumer Discretionary ETF stock opened at $91.41 on Wednesday. iShares U.S. Consumer Discretionary ETF has a 52 week low of $74.38 and a 52 week high of $101.87. The firm has a market cap of $1.38 billion, a P/E ratio of 24.66 and a beta of 1.21. The business’s fifty day moving average is $95.97 and its two-hundred day moving average is $93.70.
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.
See Also
- Five stocks we like better than iShares U.S. Consumer Discretionary ETF
- What Are Growth Stocks and Investing in Them
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- How to Effectively Use the MarketBeat Ratings Screener
- NVIDIA Insiders Sell: This Is What It Means for the Market
- 3 Fintech Stocks With Good 2021 Prospects
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Want to see what other hedge funds are holding IYC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Free Report).
Receive News & Ratings for iShares U.S. Consumer Discretionary ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Consumer Discretionary ETF and related companies with MarketBeat.com's FREE daily email newsletter.
