Advisory Alpha LLC Invests $202,000 in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Advisory Alpha LLC purchased a new position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,105 shares of the company’s stock, valued at approximately $202,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Consumer Discretionary ETF by 101.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 62,688 shares of the company’s stock valued at $5,513,000 after acquiring an additional 31,606 shares in the last quarter. HighTower Advisors LLC increased its stake in iShares U.S. Consumer Discretionary ETF by 44.2% during the third quarter. HighTower Advisors LLC now owns 7,877 shares of the company’s stock valued at $693,000 after purchasing an additional 2,415 shares during the last quarter. Creative Planning raised its holdings in shares of iShares U.S. Consumer Discretionary ETF by 5.5% during the third quarter. Creative Planning now owns 8,655 shares of the company’s stock worth $761,000 after purchasing an additional 452 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of iShares U.S. Consumer Discretionary ETF by 68.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,399 shares of the company’s stock worth $563,000 after buying an additional 2,606 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of iShares U.S. Consumer Discretionary ETF in the 2nd quarter valued at about $472,000.

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

Shares of NYSEARCA IYC opened at $99.39 on Friday. The firm’s 50-day moving average price is $97.77 and its two-hundred day moving average price is $89.47. iShares U.S. Consumer Discretionary ETF has a 52-week low of $74.38 and a 52-week high of $101.57. The stock has a market capitalization of $1.19 billion, a P/E ratio of 29.94 and a beta of 1.16.

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.