iShares U.S. Consumer Focused ETF (BATS:IEDI) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its holdings in iShares U.S. Consumer Focused ETF (BATS:IEDI) by 312.8% during the fourth quarter, HoldingsChannel reports. The fund owned 33,001 shares of the company’s stock after buying an additional 25,007 shares during the period. Tower Research Capital LLC TRC owned about 0.06% of iShares U.S. Consumer Focused ETF worth $1,763,000 at the end of the most recent quarter.

Separately, Mountain Hill Investment Partners Corp. purchased a new stake in iShares U.S. Consumer Focused ETF in the fourth quarter valued at $32,000.

iShares U.S. Consumer Focused ETF Stock Down 6.5 %

Shares of iShares U.S. Consumer Focused ETF stock opened at $49.75 on Wednesday. The business’s fifty day simple moving average is $51.59 and its 200-day simple moving average is $53.32. The firm has a market cap of $29.85 million, a PE ratio of 24.45 and a beta of 1.12. iShares U.S. Consumer Focused ETF has a 52 week low of $45.85 and a 52 week high of $57.40.

iShares U.S. Consumer Focused ETF Profile

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.