iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $44.03 and traded as high as $44.30. iShares U.S. Thematic Rotation Active ETF shares last traded at $44.19, with a volume of 403,170 shares traded.
iShares U.S. Thematic Rotation Active ETF Stock Performance
The stock’s fifty day moving average price is $44.04 and its 200-day moving average price is $41.42. The firm has a market cap of $7.47 billion, a PE ratio of -4,269.22 and a beta of 1.10.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its position in iShares U.S. Thematic Rotation Active ETF by 11.7% during the first quarter. Bank of New York Mellon Corp now owns 2,606,084 shares of the company’s stock worth $94,392,000 after acquiring an additional 272,849 shares during the last quarter. Kickstand Ventures LLC. acquired a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the second quarter valued at approximately $6,945,000. CoreCap Advisors LLC acquired a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the third quarter valued at approximately $3,188,000. Ascentis Independent Advisors purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 1st quarter worth approximately $1,604,000. Finally, Wavvest Wealth LLC purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth approximately $988,000.
About iShares U.S. Thematic Rotation Active ETF
The iShares U.S. Thematic Rotation Active ETF (THRO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of US stocks selected to provide exposure to multiple themes, including emerging and structural trends. THRO was launched on Dec 14, 2021 and is issued by BlackRock.
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