Cottonwood Capital Advisors LLC Trims Stock Holdings in iShares U.S. Consumer Discretionary ETF $IYC

Cottonwood Capital Advisors LLC lowered its holdings in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 1.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,815 shares of the company’s stock after selling 269 shares during the period. iShares U.S. Consumer Discretionary ETF comprises 1.7% of Cottonwood Capital Advisors LLC’s portfolio, making the stock its 16th largest position. Cottonwood Capital Advisors LLC’s holdings in iShares U.S. Consumer Discretionary ETF were worth $2,473,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. purchased a new position in iShares U.S. Consumer Discretionary ETF in the first quarter valued at about $116,274,000. PGIM Custom Harvest LLC boosted its holdings in iShares U.S. Consumer Discretionary ETF by 16.9% in the first quarter. PGIM Custom Harvest LLC now owns 974,216 shares of the company’s stock valued at $86,048,000 after purchasing an additional 140,794 shares during the last quarter. Royal Bank of Canada boosted its holdings in iShares U.S. Consumer Discretionary ETF by 25.4% in the first quarter. Royal Bank of Canada now owns 258,417 shares of the company’s stock valued at $22,825,000 after purchasing an additional 52,422 shares during the last quarter. MinichMacGregor Wealth Management LLC boosted its holdings in iShares U.S. Consumer Discretionary ETF by 12.1% in the second quarter. MinichMacGregor Wealth Management LLC now owns 191,409 shares of the company’s stock valued at $19,072,000 after purchasing an additional 20,675 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in iShares U.S. Consumer Discretionary ETF by 2,406.3% in the first quarter. Foundations Investment Advisors LLC now owns 189,649 shares of the company’s stock valued at $16,751,000 after purchasing an additional 182,082 shares during the last quarter.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of IYC opened at $102.94 on Friday. The company has a market capitalization of $1.90 billion, a P/E ratio of 26.19 and a beta of 1.13. iShares U.S. Consumer Discretionary ETF has a one year low of $77.66 and a one year high of $106.42. The stock has a 50-day moving average price of $103.84 and a 200 day moving average price of $97.94.

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.