AMG National Trust Bank Increases Position in iShares U.S. Consumer Discretionary ETF $IYC

AMG National Trust Bank raised its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 78.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,354 shares of the company’s stock after acquiring an additional 9,402 shares during the period. AMG National Trust Bank owned approximately 0.18% of iShares U.S. Consumer Discretionary ETF worth $2,070,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Retirement Planning Group LLC acquired a new position in shares of iShares U.S. Consumer Discretionary ETF during the 1st quarter worth approximately $262,000. Fifth Third Bancorp purchased a new position in iShares U.S. Consumer Discretionary ETF during the first quarter worth approximately $702,000. Ibex Wealth Advisors purchased a new position in iShares U.S. Consumer Discretionary ETF during the first quarter worth approximately $730,000. Kestra Advisory Services LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 26.4% during the first quarter. Kestra Advisory Services LLC now owns 3,416 shares of the company’s stock worth $331,000 after buying an additional 713 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in iShares U.S. Consumer Discretionary ETF by 3.4% during the first quarter. Private Advisor Group LLC now owns 7,557 shares of the company’s stock worth $732,000 after buying an additional 251 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Stock Performance

NYSEARCA IYC opened at $100.41 on Wednesday. The stock’s fifty day moving average is $101.28 and its two-hundred day moving average is $101.72. The firm has a market capitalization of $1.16 billion, a P/E ratio of 26.19 and a beta of 1.13. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $93.99 and a fifty-two week 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.