Simmons Bank Sells 116 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Simmons Bank lowered its stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 0.9% in the 3rd quarter, Holdings Channel reports. The firm owned 12,790 shares of the company’s stock after selling 116 shares during the quarter. Simmons Bank’s holdings in iShares U.S. Consumer Discretionary ETF were worth $1,125,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Apollon Wealth Management LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the third quarter worth about $13,255,000. Pinkerton Retirement Specialists LLC lifted its stake in iShares U.S. Consumer Discretionary ETF by 27.9% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 82,451 shares of the company’s stock worth $6,759,000 after purchasing an additional 18,002 shares in the last quarter. First Citizens Financial Corp lifted its stake in iShares U.S. Consumer Discretionary ETF by 1.5% in the 3rd 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 in the last quarter. Raymond James & Associates lifted its stake in iShares U.S. Consumer Discretionary ETF by 3.1% in the 3rd quarter. Raymond James & Associates now owns 54,028 shares of the company’s stock worth $4,751,000 after purchasing an additional 1,607 shares in the last quarter. Finally, Southern Capital Advisors LLC grew its position in shares of iShares U.S. Consumer Discretionary ETF by 2.2% during the 3rd quarter. Southern Capital Advisors LLC now owns 41,957 shares of the company’s stock valued at $3,690,000 after purchasing an additional 903 shares in the last quarter.

iShares U.S. Consumer Discretionary ETF Stock Performance

iShares U.S. Consumer Discretionary ETF stock opened at $94.93 on Thursday. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $69.58 and a fifty-two week high of $95.20. The stock has a market cap of $1.13 billion, a P/E ratio of 29.94 and a beta of 1.16. The firm’s fifty day moving average price is $87.63 and its 200-day moving average price is $83.17.

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.