iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Shares Sold by Bank of America Corp DE

Bank of America Corp DE cut its position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 677,129 shares of the company’s stock after selling 31,203 shares during the quarter. Bank of America Corp DE owned 5.67% of iShares U.S. Consumer Discretionary ETF worth $65,099,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in iShares U.S. Consumer Discretionary ETF by 101.7% during the third 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 last quarter. Global Retirement Partners LLC increased its holdings in iShares U.S. Consumer Discretionary ETF by 576.9% during the 4th quarter. Global Retirement Partners LLC now owns 704 shares of the company’s stock valued at $68,000 after acquiring an additional 600 shares in the last quarter. Truist Financial Corp increased its holdings in iShares U.S. Consumer Discretionary ETF by 6.1% during the 4th quarter. Truist Financial Corp now owns 12,686 shares of the company’s stock valued at $1,220,000 after acquiring an additional 730 shares in the last quarter. Allworth Financial LP increased its holdings in iShares U.S. Consumer Discretionary ETF by 29.4% during the 4th quarter. Allworth Financial LP now owns 1,180 shares of the company’s stock valued at $117,000 after acquiring an additional 268 shares in the last quarter. Finally, Harbour Investments Inc. increased its holdings in iShares U.S. Consumer Discretionary ETF by 316.7% during the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $70,000 after acquiring an additional 551 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Trading Up 3.8%

NYSEARCA:IYC opened at $96.14 on Tuesday. The firm has a 50-day moving average price of $87.78 and a two-hundred day moving average price of $93.81. iShares U.S. Consumer Discretionary ETF has a twelve month low of $74.38 and a twelve month high of $101.87. The company has a market capitalization of $1.39 billion, a P/E ratio of 25.68 and a beta of 1.21.

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.