Norden Group LLC Invests $9.52 Million in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Norden Group LLC acquired a new position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 99,046 shares of the company’s stock, valued at approximately $9,522,000. iShares U.S. Consumer Discretionary ETF accounts for approximately 1.1% of Norden Group LLC’s investment portfolio, making the stock its 12th largest position. Norden Group LLC owned 0.83% of iShares U.S. Consumer Discretionary ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in IYC. Smartleaf Asset Management LLC increased its stake in iShares U.S. Consumer Discretionary ETF by 10.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 16,528 shares of the company’s stock valued at $1,600,000 after acquiring an additional 1,545 shares during the period. Private Trust Co. NA increased its stake in iShares U.S. Consumer Discretionary ETF by 31.5% during the fourth quarter. Private Trust Co. NA now owns 434 shares of the company’s stock valued at $42,000 after acquiring an additional 104 shares during the period. TruNorth Capital Management LLC bought a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at about $32,000. Bank of New York Mellon Corp increased its stake in iShares U.S. Consumer Discretionary ETF by 54.1% during the fourth quarter. Bank of New York Mellon Corp now owns 8,483 shares of the company’s stock valued at $816,000 after acquiring an additional 2,979 shares during the period. Finally, IFP Advisors Inc increased its stake in iShares U.S. Consumer Discretionary ETF by 313.1% during the fourth quarter. IFP Advisors Inc now owns 2,082 shares of the company’s stock valued at $200,000 after acquiring an additional 1,578 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Up 1.6 %

Shares of IYC opened at $96.38 on Friday. iShares U.S. Consumer Discretionary ETF has a 12-month low of $74.38 and a 12-month high of $101.87. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 29.52 and a beta of 1.19. The stock’s 50-day moving average price is $98.44 and its 200 day moving average price is $92.78.

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.