Kellett Wealth Advisors LLC Buys 47,625 Shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

Kellett Wealth Advisors LLC lifted its stake in shares of iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) by 671.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,713 shares of the company’s stock after purchasing an additional 47,625 shares during the period. iShares U.S. Consumer Discretionary ETF makes up about 3.1% of Kellett Wealth Advisors LLC’s holdings, making the stock its 10th biggest position. Kellett Wealth Advisors LLC owned 0.45% of iShares U.S. Consumer Discretionary ETF worth $4,146,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Cerity Partners LLC acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth $330,000. Advisors Management Group Inc. ADV acquired a new stake in shares of iShares U.S. Consumer Discretionary ETF during the fourth quarter worth $222,000. WESPAC Advisors LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at $427,000. International Assets Investment Management LLC acquired a new position in iShares U.S. Consumer Discretionary ETF during the fourth quarter valued at $4,823,000. Finally, WESPAC Advisors SoCal LLC raised its position in iShares U.S. Consumer Discretionary ETF by 1.0% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 25,705 shares of the company’s stock valued at $1,948,000 after buying an additional 254 shares during the period.

iShares U.S. Consumer Discretionary ETF Stock Performance

NYSEARCA:IYC traded down $0.34 during trading hours on Thursday, hitting $77.07. 35,954 shares of the company’s stock traded hands, compared to its average volume of 82,633. The firm has a market cap of $967.23 million, a P/E ratio of 30.39 and a beta of 1.16. iShares U.S. Consumer Discretionary ETF has a twelve month low of $62.58 and a twelve month high of $82.35. The stock’s fifty day moving average price is $79.97 and its two-hundred day moving average price 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.