iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Reaches New 1-Year High – Should You Buy?

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) shares reached a new 52-week high on Tuesday . The company traded as high as $42.99 and last traded at $42.98, with a volume of 13174 shares traded. The stock had previously closed at $42.69.

iShares U.S. Thematic Rotation Active ETF Stock Performance

The stock has a market capitalization of $8.70 billion, a P/E ratio of -4,172.17 and a beta of 1.10. The stock’s fifty day simple moving average is $39.31 and its two-hundred day simple moving average is $38.78.

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

Institutional investors have recently modified their holdings of the company. United Financial Planning Group LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the 3rd quarter valued at $27,000. Bogart Wealth LLC acquired a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 1st quarter valued at $31,000. Team Financial Group LLC lifted its position in shares of iShares U.S. Thematic Rotation Active ETF by 18.5% during the 4th quarter. Team Financial Group LLC now owns 2,124 shares of the company’s stock valued at $82,000 after acquiring an additional 332 shares during the period. Continuum Advisory LLC acquired a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 4th quarter valued at $211,000. Finally, Imprint Wealth LLC acquired a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 3rd quarter valued at $281,000.

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.