Mountain Hill Investment Partners Corp. Makes New Investment in iShares U.S. Consumer Focused ETF (BATS:IEDI)

Mountain Hill Investment Partners Corp. purchased a new stake in shares of iShares U.S. Consumer Focused ETF (BATS:IEDI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 600 shares of the company’s stock, valued at approximately $32,000. Mountain Hill Investment Partners Corp. owned 0.11% of iShares U.S. Consumer Focused ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Moors & Cabot Inc. acquired a new position in iShares U.S. Consumer Focused ETF during the 4th quarter valued at about $502,000.

iShares U.S. Consumer Focused ETF Trading Down 5.6 %

BATS IEDI opened at $50.21 on Monday. The company has a 50-day moving average price of $54.39 and a two-hundred day moving average price of $53.57. iShares U.S. Consumer Focused ETF has a 52 week low of $45.85 and a 52 week high of $57.40. The stock has a market cap of $30.12 million, a price-to-earnings ratio of 25.75 and a beta of 1.10.

About iShares U.S. Consumer Focused ETF

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.