iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) Sets New 52-Week High – Should You Buy?

iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $107.62 and last traded at $105.2510, with a volume of 1,354 shares changing hands. The stock had previously closed at $106.70.

iShares U.S. Consumer Discretionary ETF Trading Down 2.6%

The firm has a market capitalization of $1.27 billion, a PE ratio of 23.84 and a beta of 1.13. The firm’s fifty day moving average price is $98.59 and its 200 day moving average price is $100.65.

Institutional Trading of iShares U.S. Consumer Discretionary ETF

Institutional investors have recently bought and sold shares of the company. North Point Portfolio Managers Corp OH purchased a new position in iShares U.S. Consumer Discretionary ETF in the third quarter valued at about $25,000. Ashton Thomas Private Wealth LLC acquired a new position in iShares U.S. Consumer Discretionary ETF in the 3rd quarter worth about $47,000. Hartford Financial Management Inc. purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 3rd quarter worth about $118,000. Western Wealth Management LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 1st quarter worth about $122,000. Finally, Compass Financial Management LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF during the 2nd quarter worth about $138,000.

About iShares U.S. Consumer Discretionary ETF

(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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