Raymond James Financial Inc. Invests $21.56 Million in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Raymond James Financial Inc. acquired a new position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 224,269 shares of the company’s stock, valued at approximately $21,561,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. SPC Financial Inc. increased its holdings in iShares U.S. Consumer Discretionary ETF by 3,152.2% in the 4th quarter. SPC Financial Inc. now owns 178,544 shares of the company’s stock valued at $17,165,000 after purchasing an additional 173,054 shares in the last quarter. Symphony Financial Services Inc. acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $223,000. Atria Investments Inc acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 4th quarter valued at $214,000. Cookson Peirce & Co. Inc. increased its holdings in iShares U.S. Consumer Discretionary ETF by 98.7% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 6,669 shares of the company’s stock valued at $641,000 after purchasing an additional 3,313 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in iShares U.S. Consumer Discretionary ETF by 2.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 15,103 shares of the company’s stock valued at $1,452,000 after purchasing an additional 330 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Trading Up 2.0 %

Shares of NYSEARCA IYC opened at $87.46 on Monday. iShares U.S. Consumer Discretionary ETF has a 12-month low of $74.38 and a 12-month high of $101.87. The company has a market cap of $1.47 billion, a P/E ratio of 25.54 and a beta of 1.21. The stock has a fifty day moving average price of $96.98 and a 200 day moving average price of $93.40.

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.