iShares U.S. Consumer Focused ETF (BATS:IEDI) Position Lessened by Ironwood Financial llc

Ironwood Financial llc lowered its stake in shares of iShares U.S. Consumer Focused ETF (BATS:IEDI) by 31.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,880 shares of the company’s stock after selling 2,199 shares during the quarter. Ironwood Financial llc owned approximately 0.89% of iShares U.S. Consumer Focused ETF worth $261,000 at the end of the most recent reporting period.

Separately, B. Riley Wealth Advisors Inc. acquired a new stake in shares of iShares U.S. Consumer Focused ETF in the second quarter valued at approximately $240,000.

iShares U.S. Consumer Focused ETF Trading Up 2.2 %

IEDI opened at $54.34 on Monday. The firm has a 50 day simple moving average of $54.60 and a 200 day simple moving average of $51.72. The firm has a market cap of $29.89 million, a PE ratio of 29.06 and a beta of 0.96.

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.