First Merchants Corp Acquires Shares of 2,659 iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC)

First Merchants Corp acquired a new stake in iShares U.S. Consumer Discretionary ETF (NYSEARCA:IYC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,659 shares of the company’s stock, valued at approximately $256,000.

Several other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Consumer Discretionary ETF by 101.7% during the third quarter. JPMorgan Chase & Co. now owns 62,688 shares of the company’s stock worth $5,513,000 after acquiring an additional 31,606 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 44.2% during the third quarter. HighTower Advisors LLC now owns 7,877 shares of the company’s stock worth $693,000 after buying an additional 2,415 shares during the period. Creative Planning boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 5.5% during the third quarter. Creative Planning now owns 8,655 shares of the company’s stock worth $761,000 after buying an additional 452 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 68.7% during the third quarter. Thrivent Financial for Lutherans now owns 6,399 shares of the company’s stock worth $563,000 after buying an additional 2,606 shares during the period. Finally, FMR LLC boosted its position in shares of iShares U.S. Consumer Discretionary ETF by 7.9% during the third quarter. FMR LLC now owns 10,818 shares of the company’s stock worth $951,000 after buying an additional 794 shares during the period.

iShares U.S. Consumer Discretionary ETF Price Performance

IYC stock opened at $100.98 on Friday. iShares U.S. Consumer Discretionary ETF has a fifty-two week low of $74.38 and a fifty-two week high of $101.87. The stock has a market capitalization of $1.21 billion, a P/E ratio of 29.94 and a beta of 1.16. The business has a 50-day moving average of $98.82 and a 200-day moving average of $91.35.

iShares U.S. Consumer Discretionary ETF 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.