iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Hits New 1-Year High at $84.30

iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) shares hit a new 52-week high during trading on Monday . The stock traded as high as $84.30 and last traded at $84.28, with a volume of 58524 shares. The stock had previously closed at $83.70.

iShares U.S. Consumer Discretionary ETF Price Performance

The company has a market capitalization of $998.18 million, a PE ratio of 29.94 and a beta of 1.16. The company has a 50-day moving average of $80.53 and a two-hundred day moving average of $78.98.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IYC. Cooksen Wealth LLC purchased a new position in iShares U.S. Consumer Discretionary ETF during the 4th quarter worth $26,000. Pacifica Partners Inc. acquired a new stake in iShares U.S. Consumer Discretionary ETF during the 1st quarter worth about $27,000. Global Trust Asset Management LLC purchased a new position in shares of iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at about $30,000. Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares U.S. Consumer Discretionary ETF during the 4th quarter valued at about $41,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new position in shares of iShares U.S. Consumer Discretionary ETF during the 4th quarter valued at about $44,000.

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.