iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Sets New 12-Month High – Here’s Why

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THROGet Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $42.54 and last traded at $42.44, with a volume of 1504919 shares traded. The stock had previously closed at $42.31.

iShares U.S. Thematic Rotation Active ETF Trading Up 0.3%

The company has a market capitalization of $8.59 billion, a PE ratio of -4,118.79 and a beta of 1.10. The stock’s 50-day moving average is $38.39 and its two-hundred day moving average is $38.50.

Institutional Trading of iShares U.S. Thematic Rotation Active ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in THRO. Ameriprise Financial Inc. purchased a new stake in iShares U.S. Thematic Rotation Active ETF in the 3rd quarter worth about $51,077,000. JPMorgan Chase & Co. raised its position in iShares U.S. Thematic Rotation Active ETF by 3.4% in the 4th quarter. JPMorgan Chase & Co. now owns 10,647,530 shares of the company’s stock worth $410,569,000 after purchasing an additional 353,519 shares during the period. Bank of New York Mellon Corp raised its position in iShares U.S. Thematic Rotation Active ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,606,084 shares of the company’s stock worth $94,392,000 after purchasing an additional 272,849 shares during the period. Janney Montgomery Scott LLC raised its position in iShares U.S. Thematic Rotation Active ETF by 8.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,740,311 shares of the company’s stock worth $99,254,000 after purchasing an additional 207,223 shares during the period. Finally, Farther Finance Advisors LLC raised its position in iShares U.S. Thematic Rotation Active ETF by 32.9% in the 4th quarter. Farther Finance Advisors LLC now owns 342,503 shares of the company’s stock worth $13,207,000 after purchasing an additional 84,874 shares during the period.

iShares U.S. Thematic Rotation Active ETF Company Profile

(Get Free Report)

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.

Further Reading

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