INRO Stock Summary and Trading Ideas (Blackrock U.S. Industry Rotation ETF | NASDAQ:INRO)

The BlackRock U.S. Industry Rotation ETF (the "Fund") seeks long-term capital appreciation. Fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in U.S.-listed equity securities and derivatives that have similar economic characteristics to such securities. The Fund will normally hold common stock of those companies that fall in the industries that make up the MSCI USA Index but at times may hold common stock of those companies that fall in the industries that make up the Russell 3000 Index. The Fund is managed as a rotation strategy, dynamically adjusting its exposures around its benchmark allocation.

Blackrock U.S. Industry Rotation ETF trades on the NASDAQ stock market under the symbol INRO.

As of May 8, 2024, INRO stock price was flat at $24.63 with million shares trading.

INRO has a market cap of $5.42 million. This is considered a Sub-Micro Cap stock.

INRO support price is $24.35 and resistance is $24.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that INRO stock will trade within this expected range on the day.