Tritonpoint Wealth LLC Has $2.12 Million Stock Position in iShares U.S. Consumer Discretionary ETF $IYC

Tritonpoint Wealth LLC lowered its position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 4.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,301 shares of the company’s stock after selling 970 shares during the quarter. Tritonpoint Wealth LLC owned about 0.13% of iShares U.S. Consumer Discretionary ETF worth $2,122,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of IYC. Jane Street Group LLC acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth $314,000. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares U.S. Consumer Discretionary ETF by 30.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,285 shares of the company’s stock worth $412,000 after purchasing an additional 1,000 shares during the period. AdvisorNet Financial Inc bought a new position in shares of iShares U.S. Consumer Discretionary ETF in the first quarter worth $1,105,000. Lakeshore Capital Group Inc. bought a new position in shares of iShares U.S. Consumer Discretionary ETF in the first quarter worth $1,113,000. Finally, Farther Finance Advisors LLC increased its position in shares of iShares U.S. Consumer Discretionary ETF by 3,696.6% in the first quarter. Farther Finance Advisors LLC now owns 2,240 shares of the company’s stock worth $199,000 after purchasing an additional 2,181 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of NYSEARCA IYC opened at $104.94 on Friday. iShares U.S. Consumer Discretionary ETF has a 52 week low of $77.66 and a 52 week high of $106.42. The stock has a market capitalization of $1.77 billion, a P/E ratio of 26.19 and a beta of 1.13. The stock’s fifty day moving average is $102.96 and its 200 day moving average is $96.47.

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.