Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Stock Price Down 0.5% – Time to Sell?

Shares of Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) were down 0.5% during mid-day trading on Thursday . The company traded as low as $40.61 and last traded at $40.86. Approximately 5,831 shares traded hands during trading, a decline of 23% from the average daily volume of 7,526 shares. The stock had previously closed at $41.06.

Themes Generative Artificial Intelligence ETF Stock Down 0.5%

The firm has a market cap of $39.23 million, a PE ratio of 36.64 and a beta of 1.62. The business has a 50 day simple moving average of $41.23 and a two-hundred day simple moving average of $40.92.

Themes Generative Artificial Intelligence ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were given a dividend of $1.6067 per share. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Investors Weigh In On Themes Generative Artificial Intelligence ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in shares of Themes Generative Artificial Intelligence ETF by 11.8% during the 1st quarter. NewEdge Advisors LLC now owns 10,833 shares of the company’s stock worth $333,000 after buying an additional 1,142 shares in the last quarter. Jane Street Group LLC purchased a new position in Themes Generative Artificial Intelligence ETF during the 1st quarter valued at about $959,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Themes Generative Artificial Intelligence ETF in the 2nd quarter valued at about $786,000. Consolidated Portfolio Review Corp lifted its position in shares of Themes Generative Artificial Intelligence ETF by 35.9% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 35,343 shares of the company’s stock worth $1,278,000 after purchasing an additional 9,339 shares during the period. Finally, Stratos Wealth Advisors LLC boosted its stake in shares of Themes Generative Artificial Intelligence ETF by 9.9% during the second quarter. Stratos Wealth Advisors LLC now owns 32,321 shares of the company’s stock valued at $1,169,000 after purchasing an additional 2,918 shares in 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.