WealthCare Asset Management LLC Makes New Investment in iShares U.S. Consumer Discretionary ETF $IYC

WealthCare Asset Management LLC purchased a new position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,102 shares of the company’s stock, valued at approximately $1,895,000. iShares U.S. Consumer Discretionary ETF makes up about 1.3% of WealthCare Asset Management LLC’s portfolio, making the stock its 20th biggest holding. WealthCare Asset Management LLC owned 0.13% of iShares U.S. Consumer Discretionary ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYC. NewEdge Advisors LLC raised its position in iShares U.S. Consumer Discretionary ETF by 0.9% during the first quarter. NewEdge Advisors LLC now owns 13,837 shares of the company’s stock worth $1,222,000 after acquiring an additional 125 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares U.S. Consumer Discretionary ETF by 62.2% in the first quarter. Goldman Sachs Group Inc. now owns 88,947 shares of the company’s stock valued at $7,856,000 after purchasing an additional 34,093 shares during the period. Jane Street Group LLC raised its position in shares of iShares U.S. Consumer Discretionary ETF by 398.7% in the first quarter. Jane Street Group LLC now owns 16,313 shares of the company’s stock valued at $1,441,000 after purchasing an additional 13,042 shares during the period. Marshall Wace LLP bought a new position in shares of iShares U.S. Consumer Discretionary ETF in the second quarter valued at about $258,000. Finally, Vivaldi Capital Management LP raised its position in shares of iShares U.S. Consumer Discretionary ETF by 7.8% in the second quarter. Vivaldi Capital Management LP now owns 5,377 shares of the company’s stock valued at $536,000 after purchasing an additional 390 shares during the period.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of IYC opened at $102.45 on Wednesday. The firm has a market capitalization of $1.19 billion, a PE ratio of 26.19 and a beta of 1.13. The company’s 50-day moving average is $101.68 and its 200-day moving average is $102.11. 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.