The Manufacturers Life Insurance Company Makes New Investment in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

The Manufacturers Life Insurance Company acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 817,000 shares of the company’s stock, valued at approximately $71,847,000. The Manufacturers Life Insurance Company owned about 6.84% of iShares U.S. Consumer Discretionary ETF at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IYC. Creative Planning raised its holdings in iShares U.S. Consumer Discretionary ETF by 5.5% during the 3rd quarter. Creative Planning now owns 8,655 shares of the company’s stock valued at $761,000 after buying an additional 452 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF during the second quarter valued at about $472,000. First Citizens Financial Corp boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 1.5% during the third quarter. First Citizens Financial Corp now owns 61,709 shares of the company’s stock worth $5,427,000 after purchasing an additional 883 shares during the period. International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the second quarter worth about $41,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in iShares U.S. Consumer Discretionary ETF during the 2nd quarter valued at about $36,000.

iShares U.S. Consumer Discretionary ETF Price Performance

IYC opened at $96.96 on Thursday. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 29.94 and a beta of 1.16. iShares U.S. Consumer Discretionary ETF has a one year low of $70.82 and a one year high of $97.49. The business has a 50 day simple moving average of $89.67 and a two-hundred day simple moving average of $84.21.

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.