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) shares reached a new 52-week high during trading on Thursday . The company traded as high as $40.53 and last traded at $40.29, with a volume of 166975 shares trading hands. The stock had previously closed at $40.33.

iShares U.S. Thematic Rotation Active ETF Trading Up 0.8%

The company has a market cap of $8.22 billion, a PE ratio of -3,947.01 and a beta of 1.09. The stock has a 50 day moving average price of $37.98 and a 200 day moving average price of $38.32.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Team Financial Group LLC lifted its stake in shares of iShares U.S. Thematic Rotation Active ETF by 18.5% in 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. Sound Income Strategies LLC lifted its stake in shares of iShares U.S. Thematic Rotation Active ETF by 2.8% in the 1st quarter. Sound Income Strategies LLC now owns 13,040 shares of the company’s stock valued at $478,000 after purchasing an additional 361 shares during the period. Cary Street Partners Investment Advisory LLC increased 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 buying an additional 362 shares in the last quarter. Ashton Thomas Securities LLC increased 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 buying an additional 365 shares in the last quarter. Finally, MN Wealth Advisors LLC increased 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 buying an additional 404 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.