iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Sees Unusually-High Trading Volume – Here’s Why

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Get Free Report) saw strong trading volume on Thursday. Approximately 676,082 shares changed hands during trading, an increase of 681% from the average daily volume of 86,526 shares. The stock last traded at $36.0150 and had previously closed at $36.15.

iShares U.S. Industry Rotation Active ETF Stock Down 0.3%

The firm has a 50-day moving average price of $36.66 and a two-hundred day moving average price of $34.93. The firm has a market cap of $559.91 million, a PE ratio of 23.81 and a beta of 1.07.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.0543 dividend. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.04. This represents a $0.22 annualized dividend and a yield of 0.6%.

About iShares U.S. Industry Rotation Active ETF

(Get Free Report)

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.

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