iShares U.S. Consumer Focused ETF (BATS:IEDI) Shares Down 0.3% – Here’s What Happened

iShares U.S. Consumer Focused ETF (BATS:IEDI)’s stock price traded down 0.3% during trading on Monday . The company traded as low as $53.25 and last traded at $53.43. 4,828 shares changed hands during mid-day trading, The stock had previously closed at $53.60.

iShares U.S. Consumer Focused ETF Stock Down 0.1 %

The firm’s 50 day simple moving average is $54.56 and its two-hundred day simple moving average is $51.60. The stock has a market capitalization of $29.25 million, a P/E ratio of 29.06 and a beta of 0.96.

Institutional Trading of iShares U.S. Consumer Focused ETF

A hedge fund recently bought a new stake in iShares U.S. Consumer Focused ETF stock. B. Riley Wealth Advisors Inc. acquired a new stake in iShares U.S. Consumer Focused ETF (BATS:IEDI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,944 shares of the company’s stock, valued at approximately $240,000. B. Riley Wealth Advisors Inc. owned 0.90% of iShares U.S. Consumer Focused ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares U.S. Consumer Focused ETF

The iShares Evolved U.S. Discretionary Spending ETF (IEDI) is an exchange-traded fund that is based on the MSCI USA IMI Consumer Discretionary index. The fund is an actively managed fund of US stocks in the discretionary spending sector according to an alternative classification system defined by machine learning algorithms.