iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Sets New 52-Week High – Time to Buy?

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THROGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $41.36 and last traded at $41.31, with a volume of 598893 shares traded. The stock had previously closed at $40.71.

iShares U.S. Thematic Rotation Active ETF Stock Performance

The company has a market capitalization of $8.36 billion, a P/E ratio of -4,009.12 and a beta of 1.10. The business has a 50 day moving average of $38.09 and a 200-day moving average of $38.38.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Team Financial Group LLC increased its position in shares of 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 buying an additional 332 shares during the period. Sound Income Strategies LLC boosted its position in shares of iShares U.S. Thematic Rotation Active ETF by 2.8% in the first 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 period. Cary Street Partners Investment Advisory LLC grew its stake 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 acquiring an additional 362 shares in the last quarter. Ashton Thomas Securities LLC grew its stake in iShares U.S. Thematic Rotation Active ETF by 0.5% during the fourth 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 in the last quarter. Finally, MN Wealth Advisors LLC increased its holdings in iShares U.S. Thematic Rotation Active ETF by 5.0% during the 4th quarter. MN Wealth Advisors LLC now owns 14,326 shares of the company’s stock worth $552,000 after acquiring an additional 683 shares during the period.

iShares U.S. Thematic Rotation Active ETF Company Profile

(Get Free Report)

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.

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