Stephens Inc. AR Invests $252,000 in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Stephens Inc. AR purchased a new position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,868 shares of the company’s stock, valued at approximately $252,000.

A number of other hedge funds have also recently made changes to their positions in IYC. Global Trust Asset Management LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at $30,000. Ashton Thomas Private Wealth LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF in the 2nd quarter worth $36,000. Bray Capital Advisors increased its stake in iShares U.S. Consumer Discretionary ETF by 66.7% in the 2nd quarter. Bray Capital Advisors now owns 500 shares of the company’s stock worth $41,000 after buying an additional 200 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF in the 2nd quarter worth $41,000. Finally, Denver PWM LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF in the 2nd quarter worth $112,000.

iShares U.S. Consumer Discretionary ETF Stock Up 0.9 %

IYC opened at $93.49 on Friday. The firm has a 50-day simple moving average of $86.93 and a two-hundred day simple moving average of $82.78. iShares U.S. Consumer Discretionary ETF has a 52 week low of $67.06 and a 52 week high of $93.75. The company has a market capitalization of $1.12 billion, a PE ratio of 29.94 and a beta of 1.16.

iShares U.S. Consumer Discretionary ETF Company 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.