iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Shares Cross Below 200 Day Moving Average – Here’s What Happened

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $41.51 and traded as low as $41.20. iShares U.S. Thematic Rotation Active ETF shares last traded at $41.23, with a volume of 911,804 shares trading hands.

iShares U.S. Thematic Rotation Active ETF Stock Up 0.3%

The company has a 50 day moving average of $43.89 and a two-hundred day moving average of $41.53. The firm has a market cap of $7.06 billion, a P/E ratio of -4,014.95 and a beta of 1.10.

Hedge Funds Weigh In On iShares U.S. Thematic Rotation Active ETF

Several hedge funds have recently made changes to their positions in THRO. Team Financial Group LLC bought a new stake in shares of iShares U.S. Thematic Rotation Active ETF in the 3rd quarter worth approximately $127,000. Continuum Advisory LLC bought a new stake in iShares U.S. Thematic Rotation Active ETF during the second quarter worth approximately $199,000. Mosaic Advisors LLC acquired a new position in iShares U.S. Thematic Rotation Active ETF in the first quarter worth approximately $294,000. Kingswood Wealth Advisors LLC grew its position in iShares U.S. Thematic Rotation Active ETF by 7.7% in the third quarter. Kingswood Wealth Advisors LLC now owns 7,277 shares of the company’s stock worth $320,000 after buying an additional 518 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in iShares U.S. Thematic Rotation Active ETF by 27.2% in the first quarter. EverSource Wealth Advisors LLC now owns 10,023 shares of the company’s stock worth $363,000 after buying an additional 2,144 shares during the last quarter.

About iShares U.S. Thematic Rotation Active ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for iShares U.S. Thematic Rotation Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Thematic Rotation Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.