Fifth Third Bancorp Buys Shares of 7,238 iShares U.S. Consumer Discretionary ETF $IYC

Fifth Third Bancorp purchased a new position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the 1st quarter, Holdings Channel reports. The firm purchased 7,238 shares of the company’s stock, valued at approximately $702,000.

A number of other institutional investors also recently made changes to their positions in the stock. Acumen Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at $27,000. CENTRAL TRUST Co raised its stake in iShares U.S. Consumer Discretionary ETF by 70.0% in the 1st quarter. CENTRAL TRUST Co now owns 340 shares of the company’s stock valued at $33,000 after purchasing an additional 140 shares during the last quarter. Strive Financial Group LLC acquired a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at about $36,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at about $45,000. Finally, Reflection Asset Management purchased a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at about $56,000.

iShares U.S. Consumer Discretionary ETF Price Performance

iShares U.S. Consumer Discretionary ETF stock opened at $98.42 on Tuesday. iShares U.S. Consumer Discretionary ETF has a 12-month low of $93.99 and a 12-month high of $107.36. The stock has a market capitalization of $1.14 billion, a P/E ratio of 26.19 and a beta of 1.13. The firm’s 50-day moving average is $100.82 and its two-hundred day moving average is $101.43.

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.