iShares U.S. Consumer Focused ETF (BATS:IEDI) Trading 0.4% Higher – What’s Next?

iShares U.S. Consumer Focused ETF (BATS:IEDIGet Free Report) were up 0.4% on Tuesday . The company traded as high as $56.91 and last traded at $56.82. Approximately 10,473 shares changed hands during mid-day trading, an increase of 300% from the average daily volume of 2,618 shares. The stock had previously closed at $56.60.

iShares U.S. Consumer Focused ETF Stock Performance

The company’s 50 day moving average price is $55.00 and its 200-day moving average price is $55.82. The company has a market cap of $31.25 million, a price-to-earnings ratio of 26.78 and a beta of 1.08.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IEDI. B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares U.S. Consumer Focused ETF in the 2nd quarter worth $262,000. Osaic Holdings Inc. increased its position in shares of iShares U.S. Consumer Focused ETF by 10.2% in the second quarter. Osaic Holdings Inc. now owns 2,405 shares of the company’s stock worth $132,000 after acquiring an additional 223 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of iShares U.S. Consumer Focused ETF by 817.2% in the third quarter. Tower Research Capital LLC TRC now owns 15,134 shares of the company’s stock worth $852,000 after acquiring an additional 13,484 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of iShares U.S. Consumer Focused ETF by 26.5% during the third quarter. Citadel Advisors LLC now owns 5,930 shares of the company’s stock valued at $334,000 after acquiring an additional 1,244 shares during the period. Finally, Allworth Financial LP acquired a new stake in shares of iShares U.S. Consumer Focused ETF during the third quarter valued at approximately $25,000.

iShares U.S. Consumer Focused ETF Company Profile

(Get Free Report)

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. The market cap-weighted fund targets an increased exposure to firms with high US Consumer Score. IEDI was launched on Mar 21, 2018 and is managed by BlackRock.

See Also

Receive News & Ratings for iShares U.S. Consumer Focused ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Consumer Focused ETF and related companies with MarketBeat.com's FREE daily email newsletter.