iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Shares Up 0.2% – Still a Buy?

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO)’s share price shot up 0.2% on Wednesday . The company traded as high as $32.94 and last traded at $32.87. 2,044 shares were traded during trading, a decline of 8% from the average session volume of 2,225 shares. The stock had previously closed at $32.82.

iShares U.S. Industry Rotation Active ETF Trading Up 0.2%

The company has a market capitalization of $31.56 million, a PE ratio of 26.96 and a beta of 1.07. The firm has a 50 day simple moving average of $32.28 and a two-hundred day simple moving average of $31.41.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.0644 dividend. This is a positive change from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.06. The ex-dividend date was Tuesday, December 16th. This represents a $0.26 dividend on an annualized basis and a yield of 0.8%.

Institutional Trading of iShares U.S. Industry Rotation Active ETF

A hedge fund recently bought a new stake in iShares U.S. Industry Rotation Active ETF stock. Imprint Wealth LLC bought a new stake in iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 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 as of its most recent SEC filing.

iShares U.S. Industry Rotation Active ETF Company Profile

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.