Icon Wealth Advisors LLC Buys 26,058 Shares of iShares U.S. Thematic Rotation Active ETF $THRO

Icon Wealth Advisors LLC increased its stake in shares of iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 588,559 shares of the company’s stock after acquiring an additional 26,058 shares during the quarter. iShares U.S. Thematic Rotation Active ETF comprises about 1.5% of Icon Wealth Advisors LLC’s portfolio, making the stock its 17th largest holding. Icon Wealth Advisors LLC owned approximately 0.31% of iShares U.S. Thematic Rotation Active ETF worth $22,695,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of THRO. United Financial Planning Group LLC bought a new position in iShares U.S. Thematic Rotation Active ETF during the third quarter valued at $27,000. Team Financial Group LLC lifted its position in iShares U.S. Thematic Rotation Active ETF by 18.5% during the fourth quarter. Team Financial Group LLC now owns 2,124 shares of the company’s stock valued at $82,000 after purchasing an additional 332 shares during the last quarter. Continuum Advisory LLC bought a new position in iShares U.S. Thematic Rotation Active ETF during the fourth quarter valued at $211,000. Imprint Wealth LLC bought a new position in iShares U.S. Thematic Rotation Active ETF during the third quarter valued at $281,000. Finally, Cary Street Partners Investment Advisory LLC lifted its position in iShares U.S. Thematic Rotation Active ETF by 5.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 7,535 shares of the company’s stock valued at $285,000 after purchasing an additional 362 shares during the last quarter.

iShares U.S. Thematic Rotation Active ETF Stock Up 0.5%

THRO stock opened at $42.69 on Friday. iShares U.S. Thematic Rotation Active ETF has a 52 week low of $34.03 and a 52 week high of $43.76. The company has a fifty day simple moving average of $41.10 and a two-hundred day simple moving average of $39.26. The firm has a market capitalization of $8.64 billion, a P/E ratio of -4,143.05 and a beta of 1.10.

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.