SPC Financial Inc. Sells 340 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

SPC Financial Inc. trimmed its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 5.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,790 shares of the company’s stock after selling 340 shares during the period. SPC Financial Inc.’s holdings in iShares U.S. Consumer Discretionary ETF were worth $471,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYC. PNC Financial Services Group Inc. boosted its stake in iShares U.S. Consumer Discretionary ETF by 10.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,079 shares of the company’s stock worth $309,000 after purchasing an additional 380 shares during the period. Corient Private Wealth LLC boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 24.2% in the fourth quarter. Corient Private Wealth LLC now owns 12,971 shares of the company’s stock valued at $983,000 after acquiring an additional 2,525 shares during the period. Focus Financial Network Inc. ADV purchased a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at approximately $207,000. Holderness Investments Co. bought a new stake in iShares U.S. Consumer Discretionary ETF during the 4th quarter worth approximately $206,000. Finally, 1832 Asset Management L.P. increased its holdings in iShares U.S. Consumer Discretionary ETF by 12,554.3% during the 4th quarter. 1832 Asset Management L.P. now owns 190,700 shares of the company’s stock worth $14,449,000 after acquiring an additional 189,193 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Performance

NYSEARCA:IYC opened at $87.46 on Wednesday. iShares U.S. Consumer Discretionary ETF has a 52-week low of $62.95 and a 52-week high of $88.74. The stock has a fifty day moving average of $82.67 and a 200 day moving average of $81.15. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 29.94 and a beta of 1.16.

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.