Shares of iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO – Get Free Report) passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $41.51 and traded as low as $41.20. iShares U.S. Thematic Rotation Active ETF shares last traded at $41.23, with a volume of 911,804 shares trading hands.
iShares U.S. Thematic Rotation Active ETF Stock Down 4.7%
The company has a market cap of $7.02 billion, a P/E ratio of -4,001.36 and a beta of 1.10. The business’s 50 day moving average is $43.95 and its 200 day moving average is $41.51.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in THRO. Bank of New York Mellon Corp boosted its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,606,084 shares of the company’s stock valued at $94,392,000 after buying an additional 272,849 shares in the last quarter. Beacon Financial Group grew its position in shares of iShares U.S. Thematic Rotation Active ETF by 6.1% in the 1st quarter. Beacon Financial Group now owns 232,674 shares of the company’s stock worth $8,427,000 after buying an additional 13,432 shares during the last quarter. Kickstand Ventures LLC. purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF in the 2nd quarter worth approximately $6,945,000. Parallel Advisors LLC bought a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth approximately $5,690,000. Finally, Gen Wealth Partners Inc raised its stake in shares of iShares U.S. Thematic Rotation Active ETF by 4.5% during the 3rd quarter. Gen Wealth Partners Inc now owns 113,246 shares of the company’s stock worth $4,981,000 after acquiring an additional 4,926 shares in the last quarter.
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.
Further Reading
- Five stocks we like better than iShares U.S. Thematic Rotation Active ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for iShares U.S. Thematic Rotation Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Thematic Rotation Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
