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

Ironwood Financial llc reduced its position in shares of iShares U.S. Consumer Focused ETF (BATS:IEDI) by 31.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,880 shares of the company’s stock after selling 2,199 shares during the quarter. Ironwood Financial llc’s holdings in iShares U.S. Consumer Focused ETF were worth $261,000 at the end of the most recent reporting period.

Separately, B. Riley Wealth Advisors Inc. bought a new position in shares of iShares U.S. Consumer Focused ETF during the 2nd quarter valued at about $240,000.

iShares U.S. Consumer Focused ETF Price Performance

Shares of IEDI opened at $54.34 on Monday. The stock 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.