Ameliora Wealth Management Ltd. Buys New Shares in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Ameliora Wealth Management Ltd. purchased a new stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,000 shares of the company’s stock, valued at approximately $1,058,000.

Several other institutional investors also recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of iShares U.S. Consumer Discretionary ETF by 4.8% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,640 shares of the company’s stock valued at $254,000 after purchasing an additional 120 shares during the period. Tyche Wealth Partners LLC acquired a new position in shares of iShares U.S. Consumer Discretionary ETF during the 4th quarter valued at about $202,000. WESPAC Advisors SoCal LLC lifted its position in iShares U.S. Consumer Discretionary ETF by 40.7% during the 4th quarter. WESPAC Advisors SoCal LLC now owns 28,185 shares of the company’s stock worth $2,710,000 after acquiring an additional 8,160 shares during the last quarter. U.S. Capital Wealth Advisors LLC acquired a new position in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth approximately $990,000. Finally, DAVENPORT & Co LLC grew its position in iShares U.S. Consumer Discretionary ETF by 71.7% in the 4th quarter. DAVENPORT & Co LLC now owns 14,842 shares of the company’s stock worth $1,427,000 after purchasing an additional 6,197 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Stock Performance

NYSEARCA:IYC opened at $101.20 on Friday. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 29.94 and a beta of 1.16. The company has a 50-day moving average of $98.66 and a 200-day moving average of $90.55. iShares U.S. Consumer Discretionary ETF has a 52 week low of $74.38 and a 52 week high of $101.87.

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.