iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Up 116.9% in April
by Scott Moore · The Cerbat GemiShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO – Get Free Report) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 241,322 shares, a growth of 116.9% from the March 31st total of 111,255 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 1,050,330 shares, the short-interest ratio is presently 0.2 days.
Hedge Funds Weigh In On iShares U.S. Thematic Rotation Active ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in THRO. Wells Financial Advisors INC boosted its stake in iShares U.S. Thematic Rotation Active ETF by 259.0% during the third quarter. Wells Financial Advisors INC now owns 4,775 shares of the company’s stock worth $181,000 after buying an additional 3,445 shares during the last quarter. MN Wealth Advisors LLC boosted its stake in iShares U.S. Thematic Rotation Active ETF by 3.1% during the third quarter. MN Wealth Advisors LLC now owns 13,643 shares of the company’s stock worth $517,000 after buying an additional 404 shares during the last quarter. CoreCap Advisors LLC boosted its stake in iShares U.S. Thematic Rotation Active ETF by 22.1% during the third quarter. CoreCap Advisors LLC now owns 48,554 shares of the company’s stock worth $1,838,000 after buying an additional 8,785 shares during the last quarter. Strategic Blueprint LLC boosted its stake in iShares U.S. Thematic Rotation Active ETF by 8.4% during the third quarter. Strategic Blueprint LLC now owns 273,820 shares of the company’s stock worth $10,367,000 after buying an additional 21,137 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its stake in shares of iShares U.S. Thematic Rotation Active ETF by 26.1% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 9,520 shares of the company’s stock valued at $360,000 after purchasing an additional 1,968 shares during the last quarter.
iShares U.S. Thematic Rotation Active ETF Trading Up 1.1%
NYSEARCA THRO traded up $0.44 on Friday, reaching $40.34. 709,901 shares of the company were exchanged, compared to its average volume of 1,184,030. The business’s fifty day moving average price is $37.85 and its 200 day moving average price is $38.27. The stock has a market capitalization of $8.11 billion, a P/E ratio of -3,914.98 and a beta of 1.09. iShares U.S. Thematic Rotation Active ETF has a fifty-two week low of $31.31 and a fifty-two week high of $40.36.
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.