iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO – Get Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 124,965 shares, a drop of 64.1% from the July 30th total of 347,861 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 608,152 shares, the days-to-cover ratio is presently 0.2 days.
iShares U.S. Thematic Rotation Active ETF Price Performance
NYSEARCA:THRO traded down $0.10 on Friday, reaching $43.85. The stock had a trading volume of 548,176 shares, compared to its average volume of 1,356,164. The company has a market cap of $6.65 billion, a price-to-earnings ratio of -4,255.63 and a beta of 1.10. The firm’s fifty day moving average is $43.09 and its two-hundred day moving average is $40.90. iShares U.S. Thematic Rotation Active ETF has a 12-month low of $34.94 and a 12-month high of $44.58.
Hedge Funds Weigh In On iShares U.S. Thematic Rotation Active ETF
Several institutional investors and hedge funds have recently modified their holdings of THRO. United Financial Planning Group LLC acquired a new stake in iShares U.S. Thematic Rotation Active ETF during the third quarter worth approximately $27,000. Bogart Wealth LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF in the 1st quarter valued at $31,000. Continuum Advisory LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF in the 2nd quarter valued at $199,000. Imprint Wealth LLC purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth $281,000. Finally, Mosaic Advisors LLC purchased a new position in shares of iShares U.S. Thematic Rotation Active ETF during the 1st quarter worth $294,000.
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.
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