Wavvest Wealth LLC Purchases New Position in iShares U.S. Thematic Rotation Active ETF $THRO

Wavvest Wealth LLC purchased a new position in iShares U.S. Thematic Rotation Active ETF (NYSEARCA:THRO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 22,473 shares of the company’s stock, valued at approximately $988,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in THRO. Janney Montgomery Scott LLC boosted its position in iShares U.S. Thematic Rotation Active ETF by 8.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,740,311 shares of the company’s stock valued at $99,254,000 after purchasing an additional 207,223 shares during the period. Bank of New York Mellon Corp increased its position in iShares U.S. Thematic Rotation Active ETF by 11.7% in the first quarter. Bank of New York Mellon Corp now owns 2,606,084 shares of the company’s stock worth $94,392,000 after buying an additional 272,849 shares during the period. Kickstand Ventures LLC. acquired a new stake in iShares U.S. Thematic Rotation Active ETF in the second quarter worth $6,945,000. Beacon Financial Group increased its position in iShares U.S. Thematic Rotation Active ETF by 6.1% in the first quarter. Beacon Financial Group now owns 232,674 shares of the company’s stock worth $8,427,000 after buying an additional 13,432 shares during the period. Finally, Cornerstone Planning Group LLC increased its position in iShares U.S. Thematic Rotation Active ETF by 38.3% in the first quarter. Cornerstone Planning Group LLC now owns 79,733 shares of the company’s stock worth $2,888,000 after buying an additional 22,091 shares during the period.

iShares U.S. Thematic Rotation Active ETF Stock Performance

THRO stock opened at $44.25 on Thursday. The stock has a market capitalization of $7.48 billion, a price-to-earnings ratio of -4,294.45 and a beta of 1.10. iShares U.S. Thematic Rotation Active ETF has a 1 year low of $34.94 and a 1 year high of $45.03. The stock’s fifty day moving average is $44.07 and its two-hundred day moving average is $42.72.

iShares U.S. Thematic Rotation Active ETF 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.