iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Stock Price Down 0.2% – Here’s What Happened

Shares of iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) were down 0.2% during mid-day trading on Thursday . The stock traded as low as $32.16 and last traded at $32.18. Approximately 1,896 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 1,909 shares. The stock had previously closed at $32.26.

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

The company has a 50 day simple moving average of $32.39 and a 200 day simple moving average of $31.70. The stock has a market capitalization of $31.54 million, a PE ratio of 26.96 and a beta of 1.07.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.0644 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. This is a boost from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.06. The ex-dividend date was Tuesday, December 16th.

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

An institutional investor recently bought a new position 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.