Summit X LLC Sells 187 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Summit X LLC cut its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 3.1% in the 4th quarter, Holdings Channel reports. The firm owned 5,832 shares of the company’s stock after selling 187 shares during the period. Summit X LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $561,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. TruNorth Capital Management LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 4th quarter worth about $32,000. Private Trust Co. NA grew its position in shares of iShares U.S. Consumer Discretionary ETF by 31.5% in the 4th quarter. Private Trust Co. NA now owns 434 shares of the company’s stock worth $42,000 after buying an additional 104 shares during the period. Global Retirement Partners LLC grew its position in shares of iShares U.S. Consumer Discretionary ETF by 576.9% in the 4th quarter. Global Retirement Partners LLC now owns 704 shares of the company’s stock worth $68,000 after buying an additional 600 shares during the period. Allworth Financial LP grew its position in shares of iShares U.S. Consumer Discretionary ETF by 29.4% in the 4th 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. Finally, Global Trust Asset Management LLC grew its position in shares of iShares U.S. Consumer Discretionary ETF by 31.3% in the 4th 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 Price Performance

NYSEARCA:IYC opened at $87.68 on Wednesday. The firm’s 50-day moving average price is $97.53 and its 200-day moving average price is $93.32. The company has a market capitalization of $1.47 billion, a PE ratio of 25.54 and a beta of 1.21. iShares U.S. Consumer Discretionary ETF has a 1-year low of $74.38 and a 1-year high of $101.87.

iShares U.S. Consumer Discretionary ETF Company 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.