60,211 Shares in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Purchased by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC purchased a new position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 60,211 shares of the company’s stock, valued at approximately $5,789,000.

Other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company acquired a new position in iShares U.S. Consumer Discretionary ETF in the third quarter valued at about $71,847,000. Apollon Wealth Management LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at $13,255,000. Moloney Securities Asset Management LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF during the 4th quarter worth $6,782,000. BNP Paribas Financial Markets bought a new position in iShares U.S. Consumer Discretionary ETF during the third quarter worth about $4,485,000. Finally, Cadent Capital Advisors LLC acquired a new position in iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at about $4,203,000.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of iShares U.S. Consumer Discretionary ETF stock opened at $100.60 on Tuesday. iShares U.S. Consumer Discretionary ETF has a 1 year low of $74.38 and a 1 year high of $101.87. The company has a market capitalization of $1.20 billion, a P/E ratio of 29.94 and a beta of 1.16. The business has a 50-day moving average of $98.75 and a two-hundred day moving average of $90.95.

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.