Outlook Wealth Advisors LLC Invests $1.15 Million in iShares U.S. Consumer Discretionary ETF $IYC

Outlook Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the third quarter, Holdings Channel reports. The institutional investor acquired 10,952 shares of the company’s stock, valued at approximately $1,148,000.

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

iShares U.S. Consumer Discretionary ETF Price Performance

Shares of NYSEARCA IYC opened at $105.32 on Thursday. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 26.19 and a beta of 1.20. The firm’s 50 day simple moving average is $103.40 and its 200-day simple moving average is $103.02. iShares U.S. Consumer Discretionary ETF has a 12 month low of $77.66 and a 12 month high of $107.36.

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.