iShares U.S. Consumer Focused ETF (BATS:IEDI) Stock Price Up 1.2% – What’s Next?

Posted by Caroline Horne on Nov 23rd, 2024

Shares of iShares U.S. Consumer Focused ETF (BATS:IEDI – Get Free Report) shot up 1.2% during mid-day trading on Thursday . The company traded as high as $53.75 and last traded at $53.75. 5,158 shares changed hands during mid-day trading, The stock had previously closed at $53.11.

iShares U.S. Consumer Focused ETF Price Performance

The company has a market cap of $30.01 million, a P/E ratio of 29.06 and a beta of 0.96. The company has a 50 day moving average of $52.25 and a 200-day moving average of $49.77.

Institutional Investors Weigh In On iShares U.S. Consumer Focused ETF

An institutional investor recently bought a new position in iShares U.S. Consumer Focused ETF stock. B. Riley Wealth Advisors Inc. acquired a new stake in shares of iShares U.S. Consumer Focused ETF (BATS:IEDI – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,944 shares of the company’s stock, valued at approximately $240,000. B. Riley Wealth Advisors Inc. owned approximately 0.90% of iShares U.S. Consumer Focused ETF as of its most recent filing with the SEC.

About iShares U.S. Consumer Focused ETF

(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.