LPL Financial LLC Buys 17,204 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

LPL Financial LLC increased its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 10.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 185,145 shares of the company’s stock after buying an additional 17,204 shares during the quarter. LPL Financial LLC owned about 1.28% of iShares U.S. Consumer Discretionary ETF worth $16,353,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IYC. Harel Insurance Investments & Financial Services Ltd. bought a new stake in iShares U.S. Consumer Discretionary ETF in the first quarter worth about $116,274,000. FIL Ltd purchased a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at about $115,259,000. Hsbc Holdings PLC bought a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter worth about $66,573,000. Raymond James Financial Inc. purchased a new position in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth approximately $21,561,000. Finally, MML Investors Services LLC increased its position in shares of iShares U.S. Consumer Discretionary ETF by 593.4% during the fourth quarter. MML Investors Services LLC now owns 228,527 shares of the company’s stock worth $21,971,000 after acquiring an additional 195,569 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of NYSEARCA IYC opened at $99.18 on Wednesday. iShares U.S. Consumer Discretionary ETF has a 52-week low of $76.08 and a 52-week high of $102.02. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 26.19 and a beta of 1.13. The stock has a 50 day moving average price of $98.84 and a 200 day moving average price of $94.87.

iShares U.S. Consumer Discretionary ETF Profile

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.