Southern Capital Advisors LLC Sells 11,342 Shares of iShares U.S. Consumer Discretionary ETF $IYC

Southern Capital Advisors LLC lessened its holdings in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 26.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,174 shares of the company’s stock after selling 11,342 shares during the period. iShares U.S. Consumer Discretionary ETF comprises 1.4% of Southern Capital Advisors LLC’s holdings, making the stock its 17th largest holding. Southern Capital Advisors LLC owned 0.27% of iShares U.S. Consumer Discretionary ETF worth $3,021,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. AlphaCore Capital LLC increased its holdings in iShares U.S. Consumer Discretionary ETF by 1,653,518.2% in the 4th quarter. AlphaCore Capital LLC now owns 181,898 shares of the company’s stock valued at $18,759,000 after buying an additional 181,887 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in iShares U.S. Consumer Discretionary ETF by 361.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 188,009 shares of the company’s stock valued at $19,389,000 after purchasing an additional 147,240 shares during the last quarter. Camarda Financial Advisors LLC bought a new position in iShares U.S. Consumer Discretionary ETF in the 2nd quarter valued at approximately $13,678,000. Advisortrust Partners LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at $10,980,000. Finally, Two Sigma Investments LP acquired a new position in iShares U.S. Consumer Discretionary ETF during the 3rd quarter worth about $11,109,000.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of IYC stock opened at $101.34 on Monday. The business’s 50 day simple moving average is $101.86 and its 200 day simple moving average is $102.08. iShares U.S. Consumer Discretionary ETF has a one year low of $93.99 and a one year high of $107.36. The stock has a market capitalization of $1.18 billion, a PE ratio of 26.19 and a beta of 1.13.

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.