iShares U.S. Consumer Discretionary ETF $IYC Shares Acquired by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. boosted its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 12.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,058,741 shares of the company’s stock after acquiring an additional 119,542 shares during the period. Harel Insurance Investments & Financial Services Ltd. owned 9.09% of iShares U.S. Consumer Discretionary ETF worth $102,613,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IYC. Flow Traders U.S. LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at approximately $3,346,000. Northwestern Mutual Wealth Management Co. raised its position in iShares U.S. Consumer Discretionary ETF by 361.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 188,009 shares of the company’s stock valued at $19,389,000 after purchasing an additional 147,240 shares during the period. Allen Investment Management LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter worth $646,000. Ibex Wealth Advisors acquired a new position in iShares U.S. Consumer Discretionary ETF during the first quarter worth $730,000. Finally, WealthCare Asset Management LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter worth $1,895,000.

iShares U.S. Consumer Discretionary ETF Trading Down 0.4%

Shares of NYSEARCA IYC opened at $100.41 on Wednesday. iShares U.S. Consumer Discretionary ETF has a twelve month low of $93.99 and a twelve month high of $107.36. The stock has a fifty day simple moving average of $101.28 and a 200-day simple moving average of $101.72. The stock has a market capitalization of $1.16 billion, a PE ratio of 26.19 and a beta of 1.13.

About iShares U.S. Consumer Discretionary ETF

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.