AE Wealth Management LLC Has $4.91 Million Stake in iShares U.S. Consumer Discretionary ETF $IYC

AE Wealth Management LLC raised its stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 32.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 49,247 shares of the company’s stock after purchasing an additional 12,054 shares during the quarter. AE Wealth Management LLC owned 0.29% of iShares U.S. Consumer Discretionary ETF worth $4,907,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IYC. IFP Advisors Inc grew its position in iShares U.S. Consumer Discretionary ETF by 5.6% during the first quarter. IFP Advisors Inc now owns 2,198 shares of the company’s stock worth $194,000 after buying an additional 116 shares in the last quarter. Advisors Management Group Inc. ADV grew its holdings in shares of iShares U.S. Consumer Discretionary ETF by 4.3% during the 2nd quarter. Advisors Management Group Inc. ADV now owns 2,912 shares of the company’s stock worth $290,000 after purchasing an additional 121 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of iShares U.S. Consumer Discretionary ETF by 0.9% during the 1st quarter. NewEdge Advisors LLC now owns 13,837 shares of the company’s stock worth $1,222,000 after purchasing an additional 125 shares in the last quarter. Focus Financial Network Inc. increased its position in shares of iShares U.S. Consumer Discretionary ETF by 4.6% during the second quarter. Focus Financial Network Inc. now owns 2,942 shares of the company’s stock valued at $293,000 after purchasing an additional 130 shares during the period. Finally, Baird Financial Group Inc. raised its stake in shares of iShares U.S. Consumer Discretionary ETF by 6.9% in the first quarter. Baird Financial Group Inc. now owns 3,483 shares of the company’s stock valued at $308,000 after purchasing an additional 226 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of IYC stock opened at $102.08 on Monday. iShares U.S. Consumer Discretionary ETF has a one year low of $77.66 and a one year high of $106.42. The stock has a fifty day moving average price of $103.93 and a 200 day moving average price of $100.23. The stock has a market cap of $1.76 billion, a P/E ratio of 26.19 and a beta of 1.20.

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.