Northwestern Mutual Wealth Management Co. Purchases 147,240 Shares of iShares U.S. Consumer Discretionary ETF $IYC

Northwestern Mutual Wealth Management Co. increased its position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 361.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 188,009 shares of the company’s stock after purchasing an additional 147,240 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Consumer Discretionary ETF were worth $19,389,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Montag A & Associates Inc. lifted its position in iShares U.S. Consumer Discretionary ETF by 57.5% during the fourth quarter. Montag A & Associates Inc. now owns 1,096 shares of the company’s stock worth $113,000 after purchasing an additional 400 shares during the period. Capital Developers LLC bought a new stake in iShares U.S. Consumer Discretionary ETF during the fourth quarter worth about $357,000. Strategic Blueprint LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 25.1% during the fourth quarter. Strategic Blueprint LLC now owns 44,873 shares of the company’s stock worth $4,628,000 after purchasing an additional 8,997 shares during the period. UBS Group AG lifted its position in iShares U.S. Consumer Discretionary ETF by 1.0% during the fourth quarter. UBS Group AG now owns 551,396 shares of the company’s stock worth $56,865,000 after purchasing an additional 5,396 shares during the period. Finally, Sanctuary Advisors LLC raised its stake in iShares U.S. Consumer Discretionary ETF by 19.0% during the fourth quarter. Sanctuary Advisors LLC now owns 11,130 shares of the company’s stock worth $1,148,000 after acquiring an additional 1,780 shares in the last quarter.

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

Shares of NYSEARCA IYC opened at $100.05 on Wednesday. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 26.19 and a beta of 1.15. iShares U.S. Consumer Discretionary ETF has a 12 month low of $93.99 and a 12 month high of $107.36. The stock has a 50-day moving average price of $100.10 and a two-hundred day moving average price of $102.07.

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.