PNC Financial Services Group Inc. Boosts Stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

PNC Financial Services Group Inc. boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,079 shares of the company’s stock after acquiring an additional 380 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Consumer Discretionary ETF were worth $309,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Consumer Discretionary ETF during the third quarter worth about $63,751,000. UBS Group AG grew its stake in shares of iShares U.S. Consumer Discretionary ETF by 8.0% in the 4th quarter. UBS Group AG now owns 479,312 shares of the company’s stock valued at $36,317,000 after buying an additional 35,668 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares U.S. Consumer Discretionary ETF by 2.1% during the 4th quarter. Wells Fargo & Company MN now owns 289,342 shares of the company’s stock worth $21,923,000 after buying an additional 5,924 shares during the last quarter. 1832 Asset Management L.P. raised its position in shares of iShares U.S. Consumer Discretionary ETF by 12,554.3% during the 4th quarter. 1832 Asset Management L.P. now owns 190,700 shares of the company’s stock valued at $14,449,000 after buying an additional 189,193 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in iShares U.S. Consumer Discretionary ETF by 5.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 138,311 shares of the company’s stock valued at $10,480,000 after acquiring an additional 7,188 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Stock Down 0.8 %

IYC stock opened at $81.28 on Monday. iShares U.S. Consumer Discretionary ETF has a 52-week low of $62.95 and a 52-week high of $82.35. The business has a fifty day moving average of $79.59 and a two-hundred day moving average of $78.50. The stock has a market cap of $971.30 million, a price-to-earnings ratio of 29.94 and a beta of 1.16.

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.