iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Hits New 52-Week High – What’s Next?

Posted by James Nelson on Dec 11th, 2024

iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $101.47 and last traded at $101.33, with a volume of 37183 shares. The stock had previously closed at $100.19.

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

The stock’s fifty day moving average price is $91.94 and its 200 day moving average price is $85.57. The stock has a market cap of $1.21 billion, a P/E ratio of 29.94 and a beta of 1.16.

Institutional Investors Weigh In On iShares U.S. Consumer Discretionary ETF

Several hedge funds have recently bought and sold shares of IYC. Creative Planning lifted its position in iShares U.S. Consumer Discretionary ETF by 1.6% during the second quarter. Creative Planning now owns 8,203 shares of the company’s stock valued at $667,000 after purchasing an additional 133 shares in the last quarter. Advisors Management Group Inc. ADV increased its holdings in shares of iShares U.S. Consumer Discretionary ETF by 5.0% in the third quarter. Advisors Management Group Inc. ADV now owns 2,931 shares of the company’s stock worth $258,000 after purchasing an additional 140 shares during the last quarter. CWM LLC increased its holdings in shares of iShares U.S. Consumer Discretionary ETF by 2.5% in the second quarter. CWM LLC now owns 6,683 shares of the company’s stock worth $543,000 after purchasing an additional 160 shares during the last quarter. Laidlaw Wealth Management LLC increased its holdings in shares of iShares U.S. Consumer Discretionary ETF by 2.3% in the second quarter. Laidlaw Wealth Management LLC now owns 7,341 shares of the company’s stock worth $597,000 after purchasing an additional 168 shares during the last quarter. Finally, Bray Capital Advisors increased its stake in iShares U.S. Consumer Discretionary ETF by 66.7% during the second quarter. Bray Capital Advisors now owns 500 shares of the company’s stock worth $41,000 after acquiring an additional 200 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Company Profile

(Get Free Report)

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.