iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Hits New 12-Month High – Still a Buy?

Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) reached a new 52-week high on Monday . The stock traded as high as $93.92 and last traded at $93.92, with a volume of 20001 shares trading hands. The stock had previously closed at $93.49.

iShares U.S. Consumer Discretionary ETF Stock Down 0.7 %

The stock’s 50 day moving average is $87.38 and its two-hundred day moving average is $83.09. The company has a market capitalization of $1.13 billion, a PE ratio of 29.94 and a beta of 1.16.

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

A number of large investors have recently bought and sold shares of the business. Apollon Wealth Management LLC bought a new stake in iShares U.S. Consumer Discretionary ETF during the 3rd quarter valued at $13,255,000. Pinkerton Retirement Specialists LLC raised its position in shares of iShares U.S. Consumer Discretionary ETF by 27.9% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 82,451 shares of the company’s stock worth $6,759,000 after acquiring an additional 18,002 shares in the last quarter. First Citizens Financial Corp lifted its stake in shares of iShares U.S. Consumer Discretionary ETF by 1.5% during the 3rd quarter. First Citizens Financial Corp now owns 61,709 shares of the company’s stock worth $5,427,000 after purchasing an additional 883 shares during the last quarter. Raymond James & Associates lifted its position in shares of iShares U.S. Consumer Discretionary ETF by 3.1% during the third quarter. Raymond James & Associates now owns 54,028 shares of the company’s stock valued at $4,751,000 after buying an additional 1,607 shares during the last quarter. Finally, Southern Capital Advisors LLC boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 2.2% in the 3rd quarter. Southern Capital Advisors LLC now owns 41,957 shares of the company’s stock valued at $3,690,000 after buying an additional 903 shares in the last quarter.

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.