Thrivent Financial for Lutherans Raises Stake in iShares U.S. Consumer Discretionary ETF $IYC

Thrivent Financial for Lutherans lifted its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 30.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,165 shares of the company’s stock after purchasing an additional 6,963 shares during the period. Thrivent Financial for Lutherans owned about 0.18% of iShares U.S. Consumer Discretionary ETF worth $3,161,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trust Co. of Vermont bought a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter worth about $31,000. Davis Capital Management bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the third quarter valued at approximately $36,000. Parkside Financial Bank & Trust boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 535.6% in the second quarter. Parkside Financial Bank & Trust now owns 661 shares of the company’s stock valued at $66,000 after purchasing an additional 557 shares during the period. Ameritas Advisory Services LLC bought a new position in iShares U.S. Consumer Discretionary ETF in the second quarter worth approximately $68,000. Finally, Grey Fox Wealth Advisors LLC purchased a new position in iShares U.S. Consumer Discretionary ETF during the 3rd quarter worth $102,000.

iShares U.S. Consumer Discretionary ETF Trading Up 1.2%

Shares of IYC stock opened at $103.15 on Monday. iShares U.S. Consumer Discretionary ETF has a twelve month low of $77.66 and a twelve month high of $107.36. The stock has a fifty day simple moving average of $104.40 and a two-hundred day simple moving average of $103.35. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 26.19 and a beta of 1.20.

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.