Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Trading Down 0.3% – Here’s What Happened

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) shares dropped 0.3% during trading on Friday . The company traded as low as $35.32 and last traded at $35.3490. Approximately 2,198 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 7,790 shares. The stock had previously closed at $35.44.

Themes Generative Artificial Intelligence ETF Stock Down 0.3%

The firm has a 50-day moving average of $36.04 and a two-hundred day moving average of $36.64. The company has a market capitalization of $27.93 million, a PE ratio of 36.64 and a beta of 1.91.

Hedge Funds Weigh In On Themes Generative Artificial Intelligence ETF

Several large investors have recently modified their holdings of the business. Private Advisor Group LLC grew its holdings in shares of Themes Generative Artificial Intelligence ETF by 10.9% during the 3rd quarter. Private Advisor Group LLC now owns 8,130 shares of the company’s stock worth $356,000 after purchasing an additional 800 shares during the period. NewEdge Advisors LLC raised its holdings in Themes Generative Artificial Intelligence ETF by 11.8% in the 1st quarter. NewEdge Advisors LLC now owns 10,833 shares of the company’s stock valued at $333,000 after buying an additional 1,142 shares during the period. Commonwealth Equity Services LLC raised its holdings in Themes Generative Artificial Intelligence ETF by 15.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,410 shares of the company’s stock valued at $445,000 after buying an additional 1,535 shares during the period. HighTower Advisors LLC lifted its position in Themes Generative Artificial Intelligence ETF by 15.4% in the fourth quarter. HighTower Advisors LLC now owns 29,076 shares of the company’s stock valued at $1,133,000 after buying an additional 3,888 shares during the last quarter. Finally, JT Stratford LLC lifted its position in Themes Generative Artificial Intelligence ETF by 75.7% in the fourth quarter. JT Stratford LLC now owns 15,865 shares of the company’s stock valued at $618,000 after buying an additional 6,835 shares during the last quarter.

Themes Generative Artificial Intelligence ETF Company Profile

The Themes Generative Artificial Intelligence ETF (WISE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from artificial intelligence related industries. Stocks are weighted based on their relevance to the investment theme WISE was launched on Dec 8, 2023 and is issued by Themes.