iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Hits New 52-Week High – What’s Next?

iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYCGet Free Report) reached a new 52-week high on Friday . The stock traded as high as $101.61 and last traded at $101.61, with a volume of 6305 shares changing hands. The stock had previously closed at $101.09.

iShares U.S. Consumer Discretionary ETF Price Performance

The company has a market capitalization of $1.20 billion, a PE ratio of 29.94 and a beta of 1.16. The stock’s 50 day simple moving average is $98.36 and its 200-day simple moving average is $90.11.

Institutional Trading of iShares U.S. Consumer Discretionary ETF

A number of large investors have recently modified their holdings of the stock. Global Retirement Partners LLC boosted its position in shares of 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 worth $68,000 after acquiring an additional 600 shares in the last quarter. Global Trust Asset Management LLC increased its stake in iShares U.S. Consumer Discretionary ETF by 219.2% in the third quarter. Global Trust Asset Management LLC now owns 1,165 shares of the company’s stock valued at $102,000 after purchasing an additional 800 shares during the period. Allworth Financial LP increased its position in iShares U.S. Consumer Discretionary ETF by 29.4% in 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 during the period. Advisory Alpha LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth approximately $202,000. Finally, Tyche Wealth Partners LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth approximately $202,000.

About iShares U.S. Consumer Discretionary ETF

(Get Free Report)

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.

Recommended Stories

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.