Quantinno Capital Management LP Boosts Stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Quantinno Capital Management LP boosted its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 35.1% during the third quarter, Holdings Channel.com reports. The fund owned 6,393 shares of the company’s stock after purchasing an additional 1,661 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares U.S. Consumer Discretionary ETF were worth $562,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. The Manufacturers Life Insurance Company purchased a new stake in iShares U.S. Consumer Discretionary ETF during the 3rd quarter valued at about $71,847,000. Captrust Financial Advisors increased its position in shares of iShares U.S. Consumer Discretionary ETF by 17.0% during the third quarter. Captrust Financial Advisors now owns 158,532 shares of the company’s stock valued at $13,941,000 after acquiring an additional 23,006 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF in the 3rd quarter valued at approximately $13,255,000. First Citizens Financial Corp increased its stake in iShares U.S. Consumer Discretionary ETF by 1.5% during the third quarter. First Citizens Financial Corp now owns 61,709 shares of the company’s stock worth $5,427,000 after purchasing an additional 883 shares during the period. Finally, Raymond James & Associates boosted its holdings in iShares U.S. Consumer Discretionary ETF by 3.1% in the third quarter. Raymond James & Associates now owns 54,028 shares of the company’s stock valued at $4,751,000 after purchasing an additional 1,607 shares during the period.

iShares U.S. Consumer Discretionary ETF Trading Down 0.1 %

Shares of NYSEARCA:IYC opened at $100.60 on Friday. iShares U.S. Consumer Discretionary ETF has a 52 week low of $73.22 and a 52 week high of $101.50. The company has a market cap of $1.20 billion, a PE ratio of 29.94 and a beta of 1.16. The company’s 50 day moving average is $92.79 and its two-hundred day moving average is $85.99.

About iShares U.S. Consumer Discretionary ETF

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.