Focus Financial Network Inc. Purchases 130 Shares of iShares U.S. Consumer Discretionary ETF $IYC

Focus Financial Network Inc. grew its position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 4.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,942 shares of the company’s stock after buying an additional 130 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares U.S. Consumer Discretionary ETF were worth $293,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of IYC. Golden State Wealth Management LLC grew its stake in shares of iShares U.S. Consumer Discretionary ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 286 shares of the company’s stock valued at $25,000 after purchasing an additional 143 shares during the last quarter. Cooksen Wealth LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the first quarter valued at approximately $28,000. Sound Income Strategies LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the first quarter valued at approximately $32,000. Trust Co. of Vermont bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the first quarter valued at approximately $33,000. Finally, Founders Financial Alliance LLC lifted its holdings in iShares U.S. Consumer Discretionary ETF by 252.2% in the first quarter. Founders Financial Alliance LLC now owns 553 shares of the company’s stock valued at $49,000 after buying an additional 396 shares during the period.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of NYSEARCA IYC opened at $105.65 on Monday. The company’s 50 day simple moving average is $102.52 and its 200 day simple moving average is $95.97. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $77.66 and a fifty-two week high of $106.42. The firm has a market capitalization of $1.79 billion, a P/E ratio of 26.19 and a beta of 1.13.

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.