Stonebrook Private Inc. Invests $1.80 Million in BlackRock U.S. Industry Rotation ETF (NASDAQ:INRO)

Stonebrook Private Inc. bought a new stake in shares of BlackRock U.S. Industry Rotation ETF (NASDAQ:INRO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 69,411 shares of the company’s stock, valued at approximately $1,804,000. Stonebrook Private Inc. owned approximately 0.19% of BlackRock U.S. Industry Rotation ETF as of its most recent filing with the Securities and Exchange Commission.

BlackRock U.S. Industry Rotation ETF Price Performance

NASDAQ INRO traded down $0.40 on Friday, reaching $25.19. The company had a trading volume of 444 shares, compared to its average volume of 481. The stock has a market cap of $9.07 million, a PE ratio of 24.72 and a beta of 1.49. The stock’s 50 day moving average is $26.00. BlackRock U.S. Industry Rotation ETF has a 12 month low of $23.35 and a 12 month high of $27.13.

BlackRock U.S. Industry Rotation ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.0343 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.54%.

BlackRock U.S. Industry Rotation ETF 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.