iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Sees Large Volume Increase

Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) saw unusually-high trading volume on Monday . Approximately 133,287 shares were traded during mid-day trading, an increase of 63% from the previous session’s volume of 81,717 shares.The stock last traded at $80.83 and had previously closed at $81.28.

iShares U.S. Consumer Discretionary ETF Stock Up 1.3 %

The firm has a 50 day simple moving average of $79.77 and a 200-day simple moving average of $78.59. The stock has a market cap of $981.33 million, a P/E ratio of 29.94 and a beta of 1.16.

Hedge Funds Weigh In On iShares U.S. Consumer Discretionary ETF

Large investors have recently made changes to their positions in the company. Cooksen Wealth LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth approximately $26,000. Pacifica Partners Inc. bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the first quarter worth approximately $27,000. Ables Iannone Moore & Associates Inc. bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth approximately $41,000. Atlantic Edge Private Wealth Management LLC bought a new position in iShares U.S. Consumer Discretionary ETF during the 4th quarter worth $44,000. Finally, Nemes Rush Group LLC bought a new position in iShares U.S. Consumer Discretionary ETF during the 4th quarter worth $45,000.

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.