Madison Park Capital Advisors LLC Makes New $3.40 Million Investment in iShares U.S. Consumer Discretionary ETF $IYC

Madison Park Capital Advisors LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the third quarter, HoldingsChannel reports. The firm acquired 32,434 shares of the company’s stock, valued at approximately $3,399,000. iShares U.S. Consumer Discretionary ETF makes up about 2.8% of Madison Park Capital Advisors LLC’s portfolio, making the stock its 13th largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Jim Saulnier & Associates LLC acquired a new stake in iShares U.S. Consumer Discretionary ETF during the third quarter worth approximately $256,000. Genesee Capital Advisors LLC lifted its stake in shares of iShares U.S. Consumer Discretionary ETF by 2.5% during the 3rd quarter. Genesee Capital Advisors LLC now owns 14,763 shares of the company’s stock worth $1,547,000 after purchasing an additional 367 shares during the period. Patten & Patten Inc. TN lifted its stake in shares of iShares U.S. Consumer Discretionary ETF by 146.3% during the 3rd quarter. Patten & Patten Inc. TN now owns 19,044 shares of the company’s stock worth $1,996,000 after purchasing an additional 11,312 shares during the period. Virtue Capital Management LLC boosted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 11.4% during the third quarter. Virtue Capital Management LLC now owns 13,020 shares of the company’s stock worth $1,365,000 after purchasing an additional 1,332 shares during the last quarter. Finally, Latitude Advisors LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the third quarter valued at $209,000.

iShares U.S. Consumer Discretionary ETF Trading Down 0.4%

iShares U.S. Consumer Discretionary ETF stock opened at $103.83 on Friday. The stock has a fifty day moving average price of $104.18 and a 200 day moving average price of $103.22. iShares U.S. Consumer Discretionary ETF has a 52 week low of $77.66 and a 52 week high of $107.36. The firm has a market capitalization of $1.45 billion, a P/E ratio of 26.19 and a beta of 1.20.

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.