Zhang Financial LLC Takes $212,000 Position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Zhang Financial LLC acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 2,210 shares of the company’s stock, valued at approximately $212,000.

Other institutional investors also recently bought and sold shares of the company. Stillwater Capital Advisors LLC boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 13.0% in the fourth quarter. Stillwater Capital Advisors LLC now owns 29,290 shares of the company’s stock worth $2,816,000 after buying an additional 3,372 shares during the last quarter. Sax Wealth Advisors LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 4th quarter valued at $204,000. Cadent Capital Advisors LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 4th quarter worth $4,203,000. JPMorgan Chase & Co. raised its holdings in iShares U.S. Consumer Discretionary ETF by 101.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 62,688 shares of the company’s stock worth $5,513,000 after purchasing an additional 31,606 shares during the period. Finally, Sanctuary Advisors LLC lifted its position 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 valued at $1,654,000 after purchasing an additional 11,208 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Stock Performance

NYSEARCA:IYC opened at $97.96 on Tuesday. iShares U.S. Consumer Discretionary ETF has a 52-week low of $73.67 and a 52-week high of $101.57. The firm has a market capitalization of $1.17 billion, a PE ratio of 29.94 and a beta of 1.16. The stock has a 50-day simple moving average of $97.37 and a two-hundred day simple moving average of $89.11.

iShares U.S. Consumer Discretionary ETF Company 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.