iShares U.S. Consumer Focused ETF (BATS:IEDI) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

iShares U.S. Consumer Focused ETF (BATS:IEDI)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $49.99 and traded as high as $55.93. iShares U.S. Consumer Focused ETF shares last traded at $55.58, with a volume of 6,038 shares.

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

The business has a 50-day simple moving average of $52.60 and a two-hundred day simple moving average of $49.99. The stock has a market capitalization of $30.57 million, a price-to-earnings ratio of 29.06 and a beta of 0.96.

Institutional Investors Weigh In On 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 position in iShares U.S. Consumer Focused ETF (BATS:IEDI) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 4,944 shares of the company’s stock, valued at approximately $240,000. B. Riley Wealth Advisors Inc. owned about 0.90% of iShares U.S. Consumer Focused ETF at the end of the most recent reporting period.

iShares U.S. Consumer Focused ETF Company 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.