iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Sets New 52-Week High – Time to Buy?

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $41.36 and last traded at $41.31, with a volume of 598893 shares. The stock had previously closed at $40.71.

iShares U.S. Thematic Rotation Active ETF Stock Performance

The stock has a market cap of $8.36 billion, a PE ratio of -4,009.12 and a beta of 1.10. The business has a 50 day moving average price of $38.09 and a two-hundred day moving average price of $38.38.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. United Financial Planning Group LLC bought a new position in iShares U.S. Thematic Rotation Active ETF in the 3rd quarter valued at $27,000. Bogart Wealth LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF during the 1st quarter worth $31,000. Team Financial Group LLC boosted its holdings 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 worth $82,000 after buying an additional 332 shares during the last quarter. Leavell Investment Management Inc. purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF in the 3rd quarter worth about $201,000. Finally, Continuum Advisory LLC bought a new position in iShares U.S. Thematic Rotation Active ETF during the fourth quarter valued at about $211,000.

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.