iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Stock Price Cross Above Two Hundred Day Moving Average – Here’s What Happened

Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Get Free Report) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $100.66 and traded as high as $103.05. iShares U.S. Consumer Discretionary ETF shares last traded at $102.58, with a volume of 99,653 shares trading hands.

iShares U.S. Consumer Discretionary ETF Stock Performance

The firm has a market cap of $1.31 billion, a P/E ratio of 23.84 and a beta of 1.13. The stock’s 50-day moving average is $98.59 and its 200 day moving average is $100.65.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IYC. Allspring Global Investments Holdings LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF during the 3rd quarter worth approximately $161,000. StoneX Group Inc. acquired a new position in shares of iShares U.S. Consumer Discretionary ETF in the third quarter valued at approximately $235,000. Allen Investment Management LLC acquired a new position in shares of iShares U.S. Consumer Discretionary ETF in the third quarter valued at approximately $594,000. Parallel Advisors LLC boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 39.7% in the third quarter. Parallel Advisors LLC now owns 6,138 shares of the company’s stock valued at $582,000 after buying an additional 1,743 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares U.S. Consumer Discretionary ETF during the third quarter worth $47,000.

iShares U.S. Consumer Discretionary ETF Company Profile

(Get Free Report)

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.

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