Advisory Alpha LLC Purchases Shares of 2,105 iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Advisory Alpha LLC acquired a new position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,105 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Global Trust Asset Management LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 219.2% in the third quarter. Global Trust Asset Management LLC now owns 1,165 shares of the company’s stock worth $102,000 after purchasing an additional 800 shares during the period. Touchstone Capital Inc. bought a new position in iShares U.S. Consumer Discretionary ETF during the third quarter valued at about $204,000. Sax Wealth Advisors LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter worth about $204,000. Essential Planning LLC. bought a new stake in iShares U.S. Consumer Discretionary ETF in the third quarter worth about $211,000. Finally, Zhang Financial LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at about $212,000.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of IYC opened at $99.39 on Friday. The firm’s 50 day moving average is $97.77 and its 200-day moving average is $89.47. iShares U.S. Consumer Discretionary ETF has a 12-month low of $74.38 and a 12-month high of $101.57. The stock has a market capitalization of $1.19 billion, a P/E ratio of 29.94 and a beta of 1.16.

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.