Samalin Investment Counsel LLC Reduces Position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Samalin Investment Counsel LLC lowered its position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,809 shares of the company’s stock after selling 232 shares during the quarter. Samalin Investment Counsel LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $366,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. The Manufacturers Life Insurance Company acquired a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at about $71,847,000. Raymond James Financial Inc. purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth approximately $21,561,000. SPC Financial Inc. lifted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 3,152.2% during the fourth quarter. SPC Financial Inc. now owns 178,544 shares of the company’s stock worth $17,165,000 after purchasing an additional 173,054 shares during the period. Captrust Financial Advisors lifted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 17.0% during the third quarter. Captrust Financial Advisors now owns 158,532 shares of the company’s stock worth $13,941,000 after purchasing an additional 23,006 shares during the period. Finally, Norden Group LLC purchased a new position in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $9,522,000.

iShares U.S. Consumer Discretionary ETF Stock Performance

IYC stock opened at $88.31 on Monday. The stock has a market capitalization of $1.48 billion, a PE ratio of 25.54 and a beta of 1.21. The company has a fifty day moving average of $96.14 and a 200-day moving average of $93.57. iShares U.S. Consumer Discretionary ETF has a one year low of $74.38 and a one year high of $101.87.

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.