Southern Capital Advisors LLC Increases Stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Southern Capital Advisors LLC grew its holdings in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 2.2% in the third quarter, Holdings Channel.com reports. The firm owned 41,957 shares of the company’s stock after buying an additional 903 shares during the period. iShares U.S. Consumer Discretionary ETF comprises about 2.1% of Southern Capital Advisors LLC’s investment portfolio, making the stock its 13th biggest position. Southern Capital Advisors LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $3,690,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of IYC. Pinkerton Retirement Specialists LLC grew its holdings in shares of iShares U.S. Consumer Discretionary ETF by 27.9% during the first quarter. Pinkerton Retirement Specialists LLC now owns 82,451 shares of the company’s stock worth $6,759,000 after purchasing an additional 18,002 shares in the last quarter. Norden Group LLC purchased a new position in shares of iShares U.S. Consumer Discretionary ETF during the 1st quarter valued at about $6,507,000. First Citizens Financial Corp lifted its position in iShares U.S. Consumer Discretionary ETF by 1.5% in the 3rd quarter. First Citizens Financial Corp now owns 61,709 shares of the company’s stock worth $5,427,000 after buying an additional 883 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of iShares U.S. Consumer Discretionary ETF by 2.5% during the first quarter. Concurrent Investment Advisors LLC now owns 59,279 shares of the company’s stock worth $4,859,000 after acquiring an additional 1,443 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 3.1% in the 3rd quarter. Raymond James & Associates now owns 54,028 shares of the company’s stock worth $4,751,000 after acquiring an additional 1,607 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Stock Up 0.6 %

Shares of NYSEARCA:IYC opened at $88.84 on Monday. The company’s fifty day moving average is $85.65 and its 200 day moving average is $82.03. iShares U.S. Consumer Discretionary ETF has a 52 week low of $63.54 and a 52 week high of $89.05. The stock has a market cap of $1.06 billion, a PE ratio of 29.94 and a beta of 1.16.

iShares U.S. Consumer Discretionary ETF 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.