Truist Financial Corp Reduces Stock Holdings in iShares U.S. Consumer Discretionary ETF $IYC

Truist Financial Corp reduced its position in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 10.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,358 shares of the company’s stock after selling 1,490 shares during the quarter. Truist Financial Corp’s holdings in iShares U.S. Consumer Discretionary ETF were worth $1,331,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. bought a new stake in iShares U.S. Consumer Discretionary ETF during the first quarter valued at approximately $116,274,000. Foundations Investment Advisors LLC boosted its stake in shares of iShares U.S. Consumer Discretionary ETF by 2,406.3% during the 1st quarter. Foundations Investment Advisors LLC now owns 189,649 shares of the company’s stock worth $16,751,000 after acquiring an additional 182,082 shares during the last quarter. MinichMacGregor Wealth Management LLC purchased a new position in shares of iShares U.S. Consumer Discretionary ETF during the 1st quarter worth $15,080,000. PGIM Custom Harvest LLC grew its position in shares of iShares U.S. Consumer Discretionary ETF by 16.9% during the 1st quarter. PGIM Custom Harvest LLC now owns 974,216 shares of the company’s stock valued at $86,048,000 after acquiring an additional 140,794 shares during the period. Finally, Summit Financial Consulting LLC purchased a new stake in shares of iShares U.S. Consumer Discretionary ETF in the 1st quarter worth $5,329,000.

iShares U.S. Consumer Discretionary ETF Stock Performance

Shares of iShares U.S. Consumer Discretionary ETF stock opened at $100.79 on Monday. The stock has a market cap of $1.84 billion, a P/E ratio of 26.19 and a beta of 1.13. The stock’s fifty day moving average is $103.56 and its 200 day moving average is $97.57. iShares U.S. Consumer Discretionary ETF has a one year low of $77.66 and a one year high of $106.42.

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.