iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Sets New 1-Year High – What’s Next?

Shares of iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $40.16 and last traded at $40.16, with a volume of 133202 shares. The stock had previously closed at $40.10.

iShares U.S. Thematic Rotation Active ETF Stock Performance

The firm has a market capitalization of $8.02 billion, a P/E ratio of -3,876.16 and a beta of 1.09. The stock has a fifty day moving average price of $37.76 and a two-hundred day moving average price of $38.24.

Institutional Investors Weigh In On iShares U.S. Thematic Rotation Active ETF

A number of institutional investors have recently made changes to their positions in THRO. Ameriprise Financial Inc. bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the 3rd quarter valued at approximately $51,077,000. JPMorgan Chase & Co. increased its holdings in shares of 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 valued at $410,569,000 after acquiring an additional 353,519 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of 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 valued at $99,254,000 after acquiring an additional 207,223 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 8.6% in the 4th quarter. Bank of New York Mellon Corp now owns 2,333,235 shares of the company’s stock valued at $89,970,000 after acquiring an additional 184,774 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of 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 valued at $13,207,000 after acquiring an additional 84,874 shares during the last quarter.

iShares U.S. Thematic Rotation Active ETF Company 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.