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

Shares of iShares U.S. Consumer Focused ETF (BATS:IEDI) 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 Performance

The firm’s 50-day moving average price is $52.60 and its two-hundred day moving average price is $49.99. The firm has a market cap of $30.57 million, a PE ratio of 29.06 and a beta of 0.96.

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. purchased a new position in shares of iShares U.S. Consumer Focused ETF (BATS:IEDI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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 SEC filing.

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.