Harel Insurance Investments & Financial Services Ltd. Has $192.53 Million Stake in iShares U.S. Consumer Discretionary ETF $IYC

Harel Insurance Investments & Financial Services Ltd. boosted its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 15.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,837,118 shares of the company’s stock after purchasing an additional 244,017 shares during the period. iShares U.S. Consumer Discretionary ETF comprises about 1.7% of Harel Insurance Investments & Financial Services Ltd.’s portfolio, making the stock its 18th largest holding. Harel Insurance Investments & Financial Services Ltd. owned 10.71% of iShares U.S. Consumer Discretionary ETF worth $192,530,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trust Co. of Vermont bought a new position in shares of iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at about $31,000. Davis Capital Management bought a new stake in iShares U.S. Consumer Discretionary ETF during the third quarter worth about $36,000. Parkside Financial Bank & Trust boosted its position in iShares U.S. Consumer Discretionary ETF by 535.6% during the second quarter. Parkside Financial Bank & Trust now owns 661 shares of the company’s stock valued at $66,000 after purchasing an additional 557 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the second quarter valued at approximately $68,000. Finally, Atlantic Union Bankshares Corp bought a new position in iShares U.S. Consumer Discretionary ETF in the second quarter valued at approximately $165,000.

iShares U.S. Consumer Discretionary ETF Stock Down 0.3%

NYSEARCA:IYC opened at $106.00 on Friday. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 26.19 and a beta of 1.20. iShares U.S. Consumer Discretionary ETF has a twelve month low of $77.66 and a twelve month high of $107.36. The stock’s 50 day moving average price is $103.30 and its two-hundred day moving average price is $102.93.

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.