iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Shares Up 0.6% – Here’s What Happened

iShares U.S. Industry Rotation Active ETF (NASDAQ:INROGet Free Report)’s share price rose 0.6% during mid-day trading on Friday . The stock traded as high as $37.19 and last traded at $37.12. 1,441 shares were traded during trading, a decline of 59% from the average daily volume of 3,473 shares. The stock had previously closed at $36.90.

iShares U.S. Industry Rotation Active ETF Stock Performance

The business has a fifty day simple moving average of $36.03 and a 200 day simple moving average of $33.98. The stock has a market cap of $35.64 million, a price-to-earnings ratio of 26.96 and a beta of 1.07.

iShares U.S. Industry Rotation Active ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in iShares U.S. Industry Rotation Active ETF stock. Imprint Wealth LLC purchased a new position in shares of iShares U.S. Industry Rotation Active ETF (NASDAQ:INROFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,934 shares of the company’s stock, valued at approximately $251,000. Imprint Wealth LLC owned about 0.81% of iShares U.S. Industry Rotation Active ETF at the end of the most recent reporting period.

About iShares U.S. Industry Rotation Active ETF

(Get Free Report)

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.

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