Koshinski Asset Management Inc. Makes New Investment in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Koshinski Asset Management Inc. acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,004 shares of the company’s stock, valued at approximately $1,312,000. Koshinski Asset Management Inc. owned approximately 0.13% of iShares U.S. Consumer Discretionary ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. lifted its stake in shares of iShares U.S. Consumer Discretionary ETF by 21.6% during the third quarter. B. Riley Wealth Advisors Inc. now owns 5,878 shares of the company’s stock worth $394,000 after buying an additional 1,044 shares during the period. Whitener Capital Management Inc. lifted its position in iShares U.S. Consumer Discretionary ETF by 5.9% during the 4th quarter. Whitener Capital Management Inc. now owns 12,141 shares of the company’s stock worth $920,000 after acquiring an additional 675 shares during the period. Brookstone Capital Management grew its stake in iShares U.S. Consumer Discretionary ETF by 24.9% during the 4th quarter. Brookstone Capital Management now owns 40,454 shares of the company’s stock valued at $3,065,000 after purchasing an additional 8,060 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares U.S. Consumer Discretionary ETF by 5.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 138,311 shares of the company’s stock valued at $10,480,000 after purchasing an additional 7,188 shares during the period. Finally, Southern Capital Advisors LLC raised its stake in shares of iShares U.S. Consumer Discretionary ETF by 56.7% in the fourth quarter. Southern Capital Advisors LLC now owns 38,408 shares of the company’s stock worth $2,910,000 after purchasing an additional 13,897 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Trading Down 0.5 %

NYSEARCA IYC traded down $0.42 on Thursday, hitting $83.20. 49,055 shares of the company’s stock traded hands, compared to its average volume of 97,192. The firm has a market capitalization of $994.24 million, a PE ratio of 29.94 and a beta of 1.16. The firm’s 50-day moving average price is $80.80 and its two-hundred day moving average price is $79.13. iShares U.S. Consumer Discretionary ETF has a 1-year low of $62.95 and a 1-year high of $85.03.

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.