Kellett Wealth Advisors LLC Raises Holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Kellett Wealth Advisors LLC increased its stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 671.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 54,713 shares of the company’s stock after acquiring an additional 47,625 shares during the period. iShares U.S. Consumer Discretionary ETF accounts for about 3.1% of Kellett Wealth Advisors LLC’s holdings, making the stock its 10th biggest holding. Kellett Wealth Advisors LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $4,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Resurgent Financial Advisors LLC bought a new stake in iShares U.S. Consumer Discretionary ETF during the fourth quarter worth about $34,000. Citigroup Inc. raised its holdings in iShares U.S. Consumer Discretionary ETF by 67.3% during the second quarter. Citigroup Inc. now owns 982 shares of the company’s stock worth $70,000 after acquiring an additional 395 shares in the last quarter. Comerica Bank bought a new stake in iShares U.S. Consumer Discretionary ETF during the third quarter worth about $129,000. Money Concepts Capital Corp raised its holdings in iShares U.S. Consumer Discretionary ETF by 67.2% during the fourth quarter. Money Concepts Capital Corp now owns 3,006 shares of the company’s stock worth $171,000 after acquiring an additional 1,208 shares in the last quarter. Finally, Advisory Alpha LLC bought a new stake in iShares U.S. Consumer Discretionary ETF during the fourth quarter worth about $202,000.

iShares U.S. Consumer Discretionary ETF Stock Performance

IYC traded down $0.34 on Thursday, hitting $77.07. 35,954 shares of the company were exchanged, compared to its average volume of 82,633. iShares U.S. Consumer Discretionary ETF has a 12 month low of $62.58 and a 12 month high of $82.35. The company has a market cap of $967.23 million, a PE ratio of 30.39 and a beta of 1.16. The stock’s fifty day moving average is $79.97 and its 200-day moving average is $74.44.

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.