iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Reaches New 1-Year High at $88.74

iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $88.74 and last traded at $88.58, with a volume of 1690 shares traded. The stock had previously closed at $87.88.

iShares U.S. Consumer Discretionary ETF Stock Down 0.2 %

The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 29.94 and a beta of 1.16. The business’s 50-day moving average is $82.57 and its two-hundred day moving average is $81.09.

Institutional Investors Weigh In On iShares U.S. Consumer Discretionary ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cooksen Wealth LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF during the fourth quarter worth about $26,000. Pacifica Partners Inc. purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 1st quarter valued at approximately $27,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 2nd quarter valued at approximately $30,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 2nd quarter worth approximately $36,000. Finally, Ables Iannone Moore & Associates Inc. purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 4th quarter valued at approximately $41,000.

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.