WESPAC Advisors LLC Invests $749,000 in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

WESPAC Advisors LLC acquired a new position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,792 shares of the company’s stock, valued at approximately $749,000. WESPAC Advisors LLC owned about 0.07% of iShares U.S. Consumer Discretionary ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 4.8% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,640 shares of the company’s stock worth $254,000 after acquiring an additional 120 shares during the last quarter. Advisors Management Group Inc. ADV increased its stake in shares of iShares U.S. Consumer Discretionary ETF by 5.0% in the third quarter. Advisors Management Group Inc. ADV now owns 2,931 shares of the company’s stock worth $258,000 after buying an additional 140 shares during the period. Allworth Financial LP increased its stake in shares of iShares U.S. Consumer Discretionary ETF by 29.4% in the fourth quarter. Allworth Financial LP now owns 1,180 shares of the company’s stock worth $117,000 after buying an additional 268 shares during the period. Ferguson Wellman Capital Management Inc. increased its stake in shares of iShares U.S. Consumer Discretionary ETF by 0.5% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 60,337 shares of the company’s stock worth $5,801,000 after buying an additional 322 shares during the period. Finally, Global Trust Asset Management LLC increased its stake in shares of iShares U.S. Consumer Discretionary ETF by 31.3% in the fourth quarter. Global Trust Asset Management LLC now owns 1,530 shares of the company’s stock worth $147,000 after buying an additional 365 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Down 2.6 %

Shares of NYSEARCA IYC opened at $96.85 on Friday. iShares U.S. Consumer Discretionary ETF has a 52 week low of $74.38 and a 52 week high of $101.87. The firm’s fifty day moving average is $98.73 and its 200 day moving average is $92.15. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 29.52 and a beta of 1.19.

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.