The iShares U.S. Thematic Rotation Active ETF (THRO) experienced a significant outflow of approximately $173.9 million, marking a 2.7% week-over-week decrease in shares outstanding, from 154.4 million to 150.3 million. This change was noted in the latest trading data.
As of its last trade at $42.32, THRO’s 52-week range has seen a low of $34.945 and a high of $43.76. Key components of the ETF show mixed performance: Northrop Grumman Corp (NOC) increased by 1.5%, Lockheed Martin Corp (LMT) rose by 3.9%, while Lumentum Holdings Inc (LITE) fell by 0.8%.
The fluctuation in THRO’s shares can impact the underlying holdings due to the creation and destruction of units in response to investor demand.
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