iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Sets New 1-Year High – What’s Next?

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) hit a new 52-week high on Thursday . The company traded as high as $40.16 and last traded at $40.16, with a volume of 133202 shares changing hands. The stock had previously closed at $40.10.

iShares U.S. Thematic Rotation Active ETF Stock Performance

The firm has a market capitalization of $8.02 billion, a P/E ratio of -3,876.16 and a beta of 1.09. The stock has a fifty day moving average price of $37.76 and a two-hundred day moving average price of $38.24.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Team Financial Group LLC boosted its position in iShares U.S. Thematic Rotation Active ETF by 18.5% during the 4th 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 period. Cary Street Partners Investment Advisory LLC boosted its position in iShares U.S. Thematic Rotation Active ETF by 5.0% during the 3rd 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 period. Ashton Thomas Securities LLC boosted its position in iShares U.S. Thematic Rotation Active ETF by 0.5% during the 4th quarter. Ashton Thomas Securities LLC now owns 74,026 shares of the company’s stock valued at $2,848,000 after purchasing an additional 365 shares during the period. MN Wealth Advisors LLC boosted its position in iShares U.S. Thematic Rotation Active ETF by 3.1% during the 3rd quarter. MN Wealth Advisors LLC now owns 13,643 shares of the company’s stock valued at $517,000 after purchasing an additional 404 shares during the period. Finally, United Financial Planning Group LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF during the 3rd quarter valued at approximately $27,000.

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.