The Manufacturers Life Insurance Company bought a new stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Free Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 817,000 shares of the company’s stock, valued at approximately $71,847,000. The Manufacturers Life Insurance Company owned approximately 0.07% of iShares U.S. Consumer Discretionary ETF as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Apollon Wealth Management LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF during the third quarter valued at approximately $13,255,000. Optivise Advisory Services LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the 3rd quarter valued at approximately $1,146,000. AMG National Trust Bank raised its holdings in iShares U.S. Consumer Discretionary ETF by 77.8% during the 2nd quarter. AMG National Trust Bank now owns 22,400 shares of the company’s stock valued at $1,821,000 after buying an additional 9,800 shares during the period. Koshinski Asset Management Inc. lifted its position in iShares U.S. Consumer Discretionary ETF by 130.0% in the third quarter. Koshinski Asset Management Inc. now owns 14,671 shares of the company’s stock worth $1,290,000 after buying an additional 8,292 shares during the last quarter. Finally, OneDigital Investment Advisors LLC purchased a new position in iShares U.S. Consumer Discretionary ETF during the third quarter worth $719,000.
iShares U.S. Consumer Discretionary ETF Trading Down 0.2 %
Shares of IYC opened at $96.96 on Thursday. The company’s fifty day simple moving average is $89.67 and its 200-day simple moving average is $84.21. The company has a market cap of $1.16 billion, a P/E ratio of 29.94 and a beta of 1.16. iShares U.S. Consumer Discretionary ETF has a twelve month low of $70.82 and a twelve month high of $97.49.
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.
See Also
- Five stocks we like better than iShares U.S. Consumer Discretionary ETF
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Microsoft Stock Gets a $550 Price Target: Time to Get Excited
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Trump Tariffs in Focus: 2 Chinese Stocks to Own and 2 to Avoid
- What is the Dogs of the Dow Strategy? Overview and Examples
- 2 Generic Drug Stocks Ready to Surge in 2025
Want to see what other hedge funds are holding IYC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Free Report).
Receive News & Ratings for iShares U.S. Consumer Discretionary ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Consumer Discretionary ETF and related companies with MarketBeat.com's FREE daily email newsletter.
