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) shares hit 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. The stock had previously closed at $43.93.

iShares U.S. Thematic Rotation Active ETF Price Performance

The firm’s 50 day moving average price is $43.50 and its two-hundred day moving average price is $41.61. The stock has a market cap of $6.95 billion, a PE ratio of -4,324.15 and a beta of 1.10.

Institutional Investors Weigh In On iShares U.S. Thematic Rotation Active ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kickstand Ventures LLC. purchased a new position in iShares U.S. Thematic Rotation Active ETF during the second quarter worth about $6,945,000. Continuum Advisory LLC purchased a new stake in iShares U.S. Thematic Rotation Active ETF in the second quarter valued at approximately $199,000. Redwood Investment Management LLC lifted its position in iShares U.S. Thematic Rotation Active ETF by 13.0% during the first quarter. Redwood Investment Management LLC now owns 62,848 shares of the company’s stock valued at $2,276,000 after purchasing an additional 7,238 shares during the last quarter. Parallel Advisors LLC grew its stake in iShares U.S. Thematic Rotation Active ETF by 1.8% in the 1st quarter. Parallel Advisors LLC now owns 50,704 shares of the company’s stock worth $1,837,000 after buying an additional 894 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 44.3% in the 1st quarter. Arkadios Wealth Advisors now owns 26,033 shares of the company’s stock worth $943,000 after buying an additional 7,990 shares during 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.