iShares U.S. Consumer Discretionary ETF $IYC Shares Purchased by MML Investors Services LLC

MML Investors Services LLC raised its position in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 12.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 414,848 shares of the company’s stock after acquiring an additional 45,959 shares during the quarter. MML Investors Services LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $42,783,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in IYC. AlphaCore Capital LLC increased its stake in shares of iShares U.S. Consumer Discretionary ETF by 1,653,518.2% in the fourth quarter. AlphaCore Capital LLC now owns 181,898 shares of the company’s stock valued at $18,759,000 after purchasing an additional 181,887 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares U.S. Consumer Discretionary ETF by 361.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 188,009 shares of the company’s stock valued at $19,389,000 after purchasing an additional 147,240 shares during the period. Camarda Financial Advisors LLC acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF in the second quarter valued at approximately $13,678,000. Two Sigma Investments LP acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF in the third quarter valued at approximately $11,109,000. Finally, Bank of America Corp DE increased its stake in shares of iShares U.S. Consumer Discretionary ETF by 9.1% in the second quarter. Bank of America Corp DE now owns 853,831 shares of the company’s stock valued at $85,076,000 after purchasing an additional 71,115 shares during the period.

iShares U.S. Consumer Discretionary ETF Trading Up 0.9%

Shares of NYSEARCA:IYC opened at $102.52 on Tuesday. The firm’s 50 day moving average is $101.56 and its two-hundred day moving average is $102.11. iShares U.S. Consumer Discretionary ETF has a 52 week low of $93.99 and a 52 week high of $107.36. The firm has a market capitalization of $1.19 billion, a P/E ratio of 26.19 and a beta of 1.13.

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.