Global Trust Asset Management LLC Grows Position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Global Trust Asset Management LLC grew its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 31.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,530 shares of the company’s stock after buying an additional 365 shares during the quarter. Global Trust Asset Management LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $147,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Advisory Alpha LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF during the 4th quarter valued at about $202,000. Tudor Financial Inc. acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at approximately $1,091,000. Zhang Financial LLC acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at approximately $212,000. Stillwater Capital Advisors LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 13.0% during the fourth quarter. Stillwater Capital Advisors LLC now owns 29,290 shares of the company’s stock worth $2,816,000 after buying an additional 3,372 shares in the last quarter. Finally, Sax Wealth Advisors LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter worth $204,000.

iShares U.S. Consumer Discretionary ETF Stock Up 0.0 %

Shares of NYSEARCA:IYC opened at $99.06 on Thursday. iShares U.S. Consumer Discretionary ETF has a 52-week low of $74.38 and a 52-week high of $101.57. The business has a fifty day moving average of $97.55 and a two-hundred day moving average of $89.29. The stock has a market cap of $1.18 billion, a P/E ratio of 29.94 and a beta of 1.16.

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.