AE Wealth Management LLC Sells 46,982 Shares of iShares U.S. Consumer Discretionary ETF $IYC

AE Wealth Management LLC trimmed its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 95.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,265 shares of the company’s stock after selling 46,982 shares during the quarter. AE Wealth Management LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $237,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Pinkerton Wealth LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the second quarter worth $34,286,000. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of iShares U.S. Consumer Discretionary ETF by 21.0% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,593,101 shares of the company’s stock worth $158,737,000 after purchasing an additional 276,666 shares during the last quarter. Gimbal Financial purchased a new position in iShares U.S. Consumer Discretionary ETF in the 2nd quarter worth about $15,556,000. Camarda Financial Advisors LLC bought a new stake in iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at about $13,678,000. Finally, MML Investors Services LLC lifted its holdings in iShares U.S. Consumer Discretionary ETF by 35.2% during the 2nd quarter. MML Investors Services LLC now owns 343,195 shares of the company’s stock valued at $34,196,000 after buying an additional 89,260 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of IYC stock opened at $103.15 on Friday. The company has a market capitalization of $1.44 billion, a P/E ratio of 26.19 and a beta of 1.20. The company’s 50-day simple moving average is $104.40 and its two-hundred day simple moving average is $103.34. iShares U.S. Consumer Discretionary ETF has a one year low of $77.66 and a one year high of $107.36.

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.