Cornerstone Wealth Group LLC Purchases Shares of 72,283 iShares U.S. Consumer Discretionary ETF $IYC

Cornerstone Wealth Group LLC acquired a new position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 3rd quarter, HoldingsChannel reports. The fund acquired 72,283 shares of the company’s stock, valued at approximately $7,575,000.

Several other institutional investors have also recently made changes to their positions in IYC. Ameritas Advisory Services LLC acquired a new position in iShares U.S. Consumer Discretionary ETF in the 2nd quarter worth about $68,000. CoreCap Advisors LLC grew its holdings in iShares U.S. Consumer Discretionary ETF by 218.6% in the third quarter. CoreCap Advisors LLC now owns 18,615 shares of the company’s stock valued at $1,951,000 after purchasing an additional 12,772 shares during the period. AE Wealth Management LLC increased its position in shares of iShares U.S. Consumer Discretionary ETF by 32.4% in the second quarter. AE Wealth Management LLC now owns 49,247 shares of the company’s stock valued at $4,907,000 after buying an additional 12,054 shares in the last quarter. Astoria Portfolio Advisors LLC. purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the third quarter valued at approximately $635,000. Finally, Centaurus Financial Inc. raised its stake in shares of iShares U.S. Consumer Discretionary ETF by 127.3% during the 2nd quarter. Centaurus Financial Inc. now owns 8,705 shares of the company’s stock worth $867,000 after buying an additional 4,876 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Performance

iShares U.S. Consumer Discretionary ETF stock opened at $103.83 on Wednesday. The stock has a market capitalization of $1.49 billion, a P/E ratio of 26.19 and a beta of 1.20. The company’s fifty day moving average price is $103.36 and its 200 day moving average price is $103.00. iShares U.S. Consumer Discretionary ETF has a 1 year low of $77.66 and a 1 year high of $107.36.

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.