Envestnet Portfolio Solutions Inc. Invests $251,000 in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 3,313 shares of the company’s stock, valued at approximately $251,000.

Several other large investors also recently modified their holdings of IYC. Advisory Alpha LLC purchased a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at approximately $202,000. Financial Counselors Inc. purchased a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at approximately $212,000. Oppenheimer & Co. Inc. purchased a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at approximately $213,000. Advisors Management Group Inc. ADV purchased a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at approximately $222,000. Finally, Rathbones Group PLC purchased a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at approximately $226,000.

iShares U.S. Consumer Discretionary ETF Trading Up 1.1 %

iShares U.S. Consumer Discretionary ETF stock opened at $78.99 on Friday. iShares U.S. Consumer Discretionary ETF has a 1-year low of $62.95 and a 1-year high of $82.35. The firm has a market capitalization of $943.93 million, a price-to-earnings ratio of 29.94 and a beta of 1.16. The firm has a 50 day simple moving average of $79.55 and a 200 day simple moving average of $76.86.

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.