iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) Short Interest Update

iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 468,500 shares, a decrease of 88.0% from the May 31st total of 3,917,700 shares. Based on an average daily volume of 2,046,847 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds 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 company. Team Financial Group LLC increased its stake in iShares U.S. Thematic Rotation Active ETF by 18.5% during the fourth quarter. Team Financial Group LLC now owns 2,124 shares of the company’s stock worth $82,000 after purchasing an additional 332 shares during the period. Sound Income Strategies LLC boosted its stake in shares of iShares U.S. Thematic Rotation Active ETF by 2.8% in the first quarter. Sound Income Strategies LLC now owns 13,040 shares of the company’s stock valued at $478,000 after purchasing an additional 361 shares during the period. Ashton Thomas Securities LLC grew its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 0.5% in the fourth quarter. Ashton Thomas Securities LLC now owns 74,026 shares of the company’s stock valued at $2,848,000 after purchasing an additional 365 shares in the last quarter. MN Wealth Advisors LLC grew its holdings in shares of iShares U.S. Thematic Rotation Active ETF by 5.0% in the fourth quarter. MN Wealth Advisors LLC now owns 14,326 shares of the company’s stock valued at $552,000 after purchasing an additional 683 shares in the last quarter. Finally, United Financial Planning Group LLC purchased a new stake in iShares U.S. Thematic Rotation Active ETF during the 3rd quarter worth approximately $27,000.

iShares U.S. Thematic Rotation Active ETF Stock Performance

Shares of NYSEARCA THRO traded down $0.02 during trading on Friday, reaching $42.27. The stock had a trading volume of 450,425 shares, compared to its average volume of 1,633,284. iShares U.S. Thematic Rotation Active ETF has a fifty-two week low of $34.94 and a fifty-two week high of $43.76. The business’s 50-day moving average price is $42.02 and its 200-day moving average price is $39.54. The company has a market cap of $8.56 billion, a P/E ratio of -4,102.29 and a beta of 1.10.

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.