Gallagher Capital Advisors LLC Makes New Investment in iShares U.S. Consumer Discretionary ETF $IYC

Gallagher Capital Advisors LLC purchased a new stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 10,702 shares of the company’s stock, valued at approximately $1,037,000. Gallagher Capital Advisors LLC owned 0.09% of iShares U.S. Consumer Discretionary ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. NewEdge Advisors LLC lifted its holdings in shares of iShares U.S. Consumer Discretionary ETF by 0.9% during the 1st quarter. NewEdge Advisors LLC now owns 13,837 shares of the company’s stock worth $1,222,000 after acquiring an additional 125 shares during the period. Goldman Sachs Group Inc. increased its stake in iShares U.S. Consumer Discretionary ETF by 62.2% in the first quarter. Goldman Sachs Group Inc. now owns 88,947 shares of the company’s stock valued at $7,856,000 after acquiring an additional 34,093 shares during the period. Jane Street Group LLC raised its position in iShares U.S. Consumer Discretionary ETF by 398.7% in the first quarter. Jane Street Group LLC now owns 16,313 shares of the company’s stock worth $1,441,000 after purchasing an additional 13,042 shares in the last quarter. Marshall Wace LLP bought a new position in iShares U.S. Consumer Discretionary ETF during the second quarter worth about $258,000. Finally, Vivaldi Capital Management LP grew its stake in shares of iShares U.S. Consumer Discretionary ETF by 7.8% in the 2nd quarter. Vivaldi Capital Management LP now owns 5,377 shares of the company’s stock valued at $536,000 after purchasing an additional 390 shares during the period.

iShares U.S. Consumer Discretionary ETF Trading Up 0.8%

Shares of IYC opened at $101.25 on Thursday. The stock has a market cap of $1.17 billion, a PE ratio of 26.19 and a beta of 1.13. iShares U.S. Consumer Discretionary ETF has a 1 year low of $93.99 and a 1 year high of $107.36. The stock has a 50 day simple moving average of $101.24 and a 200-day simple moving average of $101.70.

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.