Optivise Advisory Services LLC Invests $1.15 Million in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Optivise Advisory Services LLC acquired a new position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 13,034 shares of the company’s stock, valued at approximately $1,146,000. Optivise Advisory Services LLC owned about 0.11% of iShares U.S. Consumer Discretionary ETF at the end of the most recent reporting period.

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

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of iShares U.S. Consumer Discretionary ETF stock opened at $95.99 on Friday. The stock has a 50-day simple moving average of $88.98 and a 200-day simple moving average of $83.79. iShares U.S. Consumer Discretionary ETF has a 52-week low of $70.82 and a 52-week high of $96.12. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 29.94 and a beta of 1.16.

iShares U.S. Consumer Discretionary ETF 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.