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

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THROGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $43.79 and last traded at $43.78, with a volume of 67230 shares changing hands. The stock had previously closed at $43.22.

iShares U.S. Thematic Rotation Active ETF Stock Up 2.4%

The company has a market cap of $6.71 billion, a price-to-earnings ratio of -4,294.45 and a beta of 1.10. The company has a 50 day moving average price of $42.73 and a 200-day moving average price of $40.26.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of THRO. United Financial Planning Group LLC bought a new stake in iShares U.S. Thematic Rotation Active ETF during the 3rd quarter valued at $27,000. Bogart Wealth LLC bought a new stake in iShares U.S. Thematic Rotation Active ETF in the first quarter worth about $31,000. Continuum Advisory LLC purchased a new position in iShares U.S. Thematic Rotation Active ETF in the fourth quarter valued at approximately $211,000. Imprint Wealth LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth $281,000. Finally, Mosaic Advisors LLC purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF in the first quarter worth about $294,000.

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.

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