Southern Capital Advisors LLC Acquires 1,272 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Southern Capital Advisors LLC boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,229 shares of the company’s stock after purchasing an additional 1,272 shares during the period. iShares U.S. Consumer Discretionary ETF comprises 2.3% of Southern Capital Advisors LLC’s portfolio, making the stock its 11th biggest holding. Southern Capital Advisors LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $4,156,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYC. Global Trust Asset Management LLC increased its position in shares of iShares U.S. Consumer Discretionary ETF by 219.2% during the 3rd quarter. Global Trust Asset Management LLC now owns 1,165 shares of the company’s stock worth $102,000 after purchasing an additional 800 shares in the last quarter. Advisory Alpha LLC acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth approximately $202,000. Sax Wealth Advisors LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF in the fourth quarter valued at approximately $204,000. Zhang Financial LLC acquired a new position in shares of iShares U.S. Consumer Discretionary ETF in the 4th quarter worth approximately $212,000. Finally, Touchstone Capital Inc. acquired a new position in shares of iShares U.S. Consumer Discretionary ETF in the 3rd quarter worth approximately $204,000.

iShares U.S. Consumer Discretionary ETF Price Performance

IYC stock opened at $101.09 on Friday. The business has a fifty day moving average price of $98.27 and a 200 day moving average price of $89.95. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $74.38 and a fifty-two week high of $101.57. The stock has a market capitalization of $1.21 billion, a price-to-earnings 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.