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)’s share price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty 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 trading hands.

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

The business’s 50 day simple moving average is $44.03 and its two-hundred day simple moving average is $41.37. The stock has a market cap of $7.49 billion, a P/E ratio of -4,288.63 and a beta of 1.10.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Bogart Wealth LLC bought a new stake in iShares U.S. Thematic Rotation Active ETF during the 1st quarter worth $31,000. Continuum Advisory LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF in the 2nd quarter worth about $199,000. Mosaic Advisors LLC bought a new position in iShares U.S. Thematic Rotation Active ETF in the first quarter valued at about $294,000. Kingswood Wealth Advisors LLC raised its position in 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 valued at $320,000 after purchasing an additional 518 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position 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 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.