Ibex Wealth Advisors Takes $730,000 Position in iShares U.S. Consumer Discretionary ETF $IYC

Ibex Wealth Advisors bought a new position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,527 shares of the company’s stock, valued at approximately $730,000. Ibex Wealth Advisors owned 0.06% of iShares U.S. Consumer Discretionary ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Acumen Wealth Advisors LLC bought a new position in iShares U.S. Consumer Discretionary ETF in the fourth quarter worth about $27,000. CENTRAL TRUST Co lifted its position in iShares U.S. Consumer Discretionary ETF by 70.0% during the first quarter. CENTRAL TRUST Co now owns 340 shares of the company’s stock valued at $33,000 after acquiring an additional 140 shares during the last quarter. Strive Financial Group LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at approximately $36,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at approximately $45,000. Finally, Reflection Asset Management acquired a new stake in iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at approximately $56,000.

iShares U.S. Consumer Discretionary ETF Trading Up 0.7%

Shares of IYC stock opened at $101.08 on Friday. The company has a market cap of $1.16 billion, a PE ratio of 26.19 and a beta of 1.13. iShares U.S. Consumer Discretionary ETF has a 12-month low of $93.99 and a 12-month high of $107.36. The business’s fifty day simple moving average is $101.36 and its 200-day simple moving average is $101.80.

iShares U.S. Consumer Discretionary ETF Company Profile

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.