iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Share Price Cross Above 50-Day Moving Average – Here’s What Happened

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $44.03 and traded as high as $44.30. iShares U.S. Thematic Rotation Active ETF shares last traded at $44.19, with a volume of 403,170 shares changing hands.

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

The firm’s 50-day moving average is $44.03 and its 200 day moving average is $41.37. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of -4,288.63 and a beta of 1.10.

Hedge Funds Weigh In On iShares U.S. Thematic Rotation Active ETF

Large investors have recently modified their holdings of the business. Bogart Wealth LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the first quarter valued at $31,000. Continuum Advisory LLC acquired a new position in shares of iShares U.S. Thematic Rotation Active ETF during the second quarter worth $199,000. Mosaic Advisors LLC acquired a new position in shares of iShares U.S. Thematic Rotation Active ETF during the first quarter worth $294,000. Kingswood Wealth Advisors LLC grew its stake in shares of iShares U.S. Thematic Rotation Active ETF by 7.7% in the third quarter. Kingswood Wealth Advisors LLC now owns 7,277 shares of the company’s stock worth $320,000 after purchasing an additional 518 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in iShares U.S. Thematic Rotation Active ETF by 27.2% in the first quarter. EverSource Wealth Advisors LLC now owns 10,023 shares of the company’s stock valued at $363,000 after purchasing an additional 2,144 shares during the period.

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.