Wells Fargo & Company MN Buys 6,470 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Wells Fargo & Company MN lifted its stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 2.3% during the fourth quarter, HoldingsChannel reports. The firm owned 284,697 shares of the company’s stock after acquiring an additional 6,470 shares during the quarter. Wells Fargo & Company MN’s holdings in iShares U.S. Consumer Discretionary ETF were worth $27,371,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. TruNorth Capital Management LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at about $32,000. Private Trust Co. NA raised its stake in iShares U.S. Consumer Discretionary ETF by 31.5% in the fourth quarter. Private Trust Co. NA now owns 434 shares of the company’s stock valued at $42,000 after buying an additional 104 shares during the period. Global Retirement Partners LLC lifted its position in shares of iShares U.S. Consumer Discretionary ETF by 576.9% in the fourth quarter. Global Retirement Partners LLC now owns 704 shares of the company’s stock valued at $68,000 after buying an additional 600 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of iShares U.S. Consumer Discretionary ETF by 316.7% during the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock worth $70,000 after acquiring an additional 551 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of iShares U.S. Consumer Discretionary ETF by 29.4% during the 4th quarter. Allworth Financial LP now owns 1,180 shares of the company’s stock worth $117,000 after acquiring an additional 268 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Trading Up 0.9 %

IYC opened at $85.14 on Friday. The stock’s fifty day simple moving average is $91.90 and its 200 day simple moving average is $93.61. iShares U.S. Consumer Discretionary ETF has a 1-year low of $74.38 and a 1-year high of $101.87. The stock has a market cap of $1.29 billion, a PE ratio of 24.66 and a beta of 1.21.

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.