iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Stock Price Up 0.1% – Should You Buy?

iShares U.S. Industry Rotation Active ETF (NASDAQ:INROGet Free Report)’s stock price rose 0.1% during mid-day trading on Thursday . The company traded as high as $32.50 and last traded at $32.49. Approximately 1,343 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 5,665 shares. The stock had previously closed at $32.45.

iShares U.S. Industry Rotation Active ETF Trading Up 0.1%

The firm has a 50-day moving average of $31.88 and a 200 day moving average of $30.41. The company has a market cap of $31.84 million, a P/E ratio of 26.96 and a beta of 1.07.

iShares U.S. Industry Rotation Active ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.0558 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.22 annualized dividend and a dividend yield of 0.7%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares U.S. Industry Rotation Active ETF stock. Imprint Wealth LLC purchased a new stake in iShares U.S. Industry Rotation Active ETF (NASDAQ:INROFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 7,934 shares of the company’s stock, valued at approximately $251,000. Imprint Wealth LLC owned approximately 0.81% of iShares U.S. Industry Rotation Active ETF at the end of the most recent quarter.

About iShares U.S. Industry Rotation Active ETF

(Get Free Report)

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.

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