Royal Bank of Canada Sells 80,051 Shares of iShares U.S. Consumer Discretionary ETF $IYC

Royal Bank of Canada reduced its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 29.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 193,841 shares of the company’s stock after selling 80,051 shares during the period. Royal Bank of Canada owned approximately 1.66% of iShares U.S. Consumer Discretionary ETF worth $18,787,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in IYC. Acumen Wealth Advisors LLC bought a new position in shares of iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at about $27,000. CENTRAL TRUST Co increased its stake in iShares U.S. Consumer Discretionary ETF by 70.0% during the first quarter. CENTRAL TRUST Co now owns 340 shares of the company’s stock worth $33,000 after acquiring an additional 140 shares during the last quarter. Strive Financial Group LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at approximately $36,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at approximately $45,000. Finally, Reflection Asset Management bought a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at approximately $56,000.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of iShares U.S. Consumer Discretionary ETF stock opened at $102.64 on Friday. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 26.19 and a beta of 1.13. The stock has a 50 day moving average price of $100.71 and a 200-day moving average price of $101.16. iShares U.S. Consumer Discretionary ETF has a one year low of $93.99 and a one 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.