iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Reaches New 12-Month High – Here’s What Happened

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO)’s share price reached a new 52-week high on Monday . The stock traded as high as $44.58 and last traded at $44.6050, with a volume of 195973 shares traded. The stock had previously closed at $43.93.

iShares U.S. Thematic Rotation Active ETF Stock Up 1.6%

The company has a market cap of $6.77 billion, a PE ratio of -4,333.75 and a beta of 1.10. The stock has a 50-day moving average of $43.43 and a 200-day moving average of $41.52.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of THRO. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Thematic Rotation Active ETF by 3.4% during the 4th quarter. JPMorgan Chase & Co. now owns 10,647,530 shares of the company’s stock valued at $410,569,000 after buying an additional 353,519 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in iShares U.S. Thematic Rotation Active ETF by 8.2% in the first quarter. Janney Montgomery Scott LLC now owns 2,740,311 shares of the company’s stock valued at $99,254,000 after acquiring an additional 207,223 shares during the last quarter. Bank of New York Mellon Corp increased its stake in iShares U.S. Thematic Rotation Active ETF by 11.7% in the first quarter. Bank of New York Mellon Corp now owns 2,606,084 shares of the company’s stock valued at $94,392,000 after acquiring an additional 272,849 shares during the last quarter. Icon Wealth Advisors LLC raised its position in iShares U.S. Thematic Rotation Active ETF by 4.6% during the fourth quarter. Icon Wealth Advisors LLC now owns 588,559 shares of the company’s stock valued at $22,695,000 after purchasing an additional 26,058 shares in the last quarter. Finally, Beacon Financial Group raised its position in iShares U.S. Thematic Rotation Active ETF by 6.1% during the first quarter. Beacon Financial Group now owns 232,674 shares of the company’s stock valued at $8,427,000 after purchasing an additional 13,432 shares in the last quarter.

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.