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

by · The Markets Daily

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO – Get Free Report) reached a new 52-week high on Monday. The stock traded as high as $44.70 and last traded at $44.7050, with a volume of 282495 shares trading hands. The stock had previously closed at $44.43.

iShares U.S. Thematic Rotation Active ETF Price Performance

The firm has a market cap of $6.96 billion, a PE ratio of -4,344.04 and a beta of 1.10. The business has a 50-day moving average price of $43.77 and a two-hundred day moving average price of $41.99.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of THRO. Kickstand Ventures LLC. acquired a new position in shares of iShares U.S. Thematic Rotation Active ETF in the second quarter worth $6,945,000. Continuum Advisory LLC purchased a new stake in iShares U.S. Thematic Rotation Active ETF during the 2nd quarter worth about $199,000. Redwood Investment Management LLC increased its position in iShares U.S. Thematic Rotation Active ETF by 13.0% during the 1st quarter. Redwood Investment Management LLC now owns 62,848 shares of the company’s stock worth $2,276,000 after purchasing an additional 7,238 shares in the last quarter. Parallel Advisors LLC raised its stake in iShares U.S. Thematic Rotation Active ETF by 1.8% in the 1st quarter. Parallel Advisors LLC now owns 50,704 shares of the company’s stock valued at $1,837,000 after purchasing an additional 894 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in shares of iShares U.S. Thematic Rotation Active ETF by 44.3% during the 1st quarter. Arkadios Wealth Advisors now owns 26,033 shares of the company’s stock worth $943,000 after purchasing an additional 7,990 shares during the last quarter.

About iShares U.S. Thematic Rotation Active ETF

(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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