iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Get Free Report) saw unusually-high trading volume on Wednesday. 354,500 shares traded hands during trading, an increase of 156% from the average daily volume of 138,511 shares. The stock last traded at $105.7150 and had previously closed at $101.99.
iShares U.S. Consumer Discretionary ETF Stock Performance
The firm has a market cap of $1.27 billion, a P/E ratio of 23.84 and a beta of 1.13. The business’s 50-day simple moving average is $98.62 and its 200 day simple moving average is $100.64.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 12.7% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,058,741 shares of the company’s stock worth $102,613,000 after buying an additional 119,542 shares in the last quarter. Ferguson Wellman Capital Management Inc. bought a new stake in iShares U.S. Consumer Discretionary ETF during the third quarter worth approximately $5,064,000. S&A Financial Services Inc. purchased a new stake in iShares U.S. Consumer Discretionary ETF during the first quarter valued at approximately $3,443,000. Commonwealth Equity Services LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF during the third quarter valued at approximately $2,332,000. Finally, Virtue Capital Management LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at approximately $1,365,000.
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.
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