iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Share Price Break Above Two Hundred Day Moving Average – Time to Sell?

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO)’s stock price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $34.88 and traded as high as $35.21. iShares U.S. Industry Rotation Active ETF shares last traded at $34.94, with a volume of 114,247 shares trading hands.

iShares U.S. Industry Rotation Active ETF Price Performance

The company has a 50-day simple moving average of $36.70 and a 200-day simple moving average of $34.88. The stock has a market cap of $544.37 million, a PE ratio of 23.81 and a beta of 1.07.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a dividend of $0.0543 per share. This is a boost 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%. The ex-dividend date of this dividend was Tuesday, September 15th.

About iShares U.S. Industry Rotation Active ETF

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.