Parallel Advisors LLC Acquires 129,368 Shares of iShares U.S. Thematic Rotation Active ETF $THRO

Parallel Advisors LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 129,368 shares of the company’s stock, valued at approximately $5,690,000.

Other large investors have also recently bought and sold shares of the company. Team Financial Group LLC bought a new stake in iShares U.S. Thematic Rotation Active ETF in the 3rd quarter valued at $127,000. Gilliland Jeter Wealth Management LLC increased its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 28.5% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 17,716 shares of the company’s stock worth $779,000 after purchasing an additional 3,927 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 7.7% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 7,277 shares of the company’s stock worth $320,000 after purchasing an additional 518 shares during the period. Fifth Third Wealth Advisors LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth about $461,000. Finally, Wavvest Wealth LLC acquired a new position in shares of iShares U.S. Thematic Rotation Active ETF during the third quarter valued at about $988,000.

iShares U.S. Thematic Rotation Active ETF Stock Performance

NYSEARCA THRO opened at $41.37 on Friday. The firm has a 50-day simple moving average of $43.89 and a 200 day simple moving average of $41.53. iShares U.S. Thematic Rotation Active ETF has a twelve month low of $34.94 and a twelve month high of $45.03. The stock has a market cap of $7.06 billion, a PE ratio of -4,014.95 and a beta of 1.10.

iShares U.S. Thematic Rotation Active ETF Profile

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.