iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Sets New 1-Year High – Here’s Why

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

iShares U.S. Thematic Rotation Active ETF Price Performance

The firm has a market cap of $8.76 billion, a price-to-earnings ratio of -4,200.31 and a beta of 1.10. The firm’s fifty day moving average is $39.55 and its two-hundred day moving average is $38.85.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Team Financial Group LLC lifted its holdings in iShares U.S. Thematic Rotation Active ETF by 18.5% in 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 last quarter. Sound Income Strategies LLC lifted its holdings in iShares U.S. Thematic Rotation Active ETF by 2.8% in the 1st quarter. Sound Income Strategies LLC now owns 13,040 shares of the company’s stock valued at $478,000 after acquiring an additional 361 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in iShares U.S. Thematic Rotation Active ETF by 5.0% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 7,535 shares of the company’s stock valued at $285,000 after acquiring an additional 362 shares during the last quarter. Ashton Thomas Securities LLC lifted its holdings in iShares U.S. Thematic Rotation Active ETF by 0.5% in the 4th quarter. Ashton Thomas Securities LLC now owns 74,026 shares of the company’s stock valued at $2,848,000 after acquiring an additional 365 shares during the last quarter. Finally, MN Wealth Advisors LLC lifted its holdings in iShares U.S. Thematic Rotation Active ETF by 5.0% in the 4th quarter. MN Wealth Advisors LLC now owns 14,326 shares of the company’s stock valued at $552,000 after acquiring an additional 683 shares during the last quarter.

About iShares U.S. Thematic Rotation Active ETF

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.