iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Hits New 12-Month High – Here’s Why

Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYCGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $88.87 and last traded at $88.87, with a volume of 703 shares trading hands. The stock had previously closed at $88.14.

iShares U.S. Consumer Discretionary ETF Stock Up 0.2 %

The business’s 50-day simple moving average is $85.65 and its 200-day simple moving average is $82.01. The stock has a market cap of $1.06 billion, a PE ratio of 29.94 and a beta of 1.16.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Global Trust Asset Management LLC purchased a new position in iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at about $30,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 2nd quarter worth approximately $36,000. Bray Capital Advisors boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 66.7% in the 2nd quarter. Bray Capital Advisors now owns 500 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 2nd quarter worth approximately $41,000. Finally, Denver PWM LLC bought a new position in iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at approximately $112,000.

iShares U.S. Consumer Discretionary ETF Company Profile

(Get Free Report)

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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