Lazard Equity Megatrends ETF (NASDAQ:THMZ) Trading 1.8% Higher – Time to Buy?

Lazard Equity Megatrends ETF (NASDAQ:THMZ)’s share price rose 1.8% on Friday . The stock traded as high as $31.70 and last traded at $31.68. Approximately 3,501 shares traded hands during trading, a decline of 59% from the average daily volume of 8,624 shares. The stock had previously closed at $31.11.

Lazard Equity Megatrends ETF Price Performance

The business’s 50 day simple moving average is $32.74 and its 200 day simple moving average is $31.94. The stock has a market cap of $49.10 million, a P/E ratio of 31.61 and a beta of 1.24.

Lazard Equity Megatrends ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 19th were given a $0.004 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, December 19th.

Institutional Investors Weigh In On Lazard Equity Megatrends ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Comerica Bank acquired a new stake in shares of Lazard Equity Megatrends ETF during the 4th quarter worth about $40,000. Robertson Stephens Wealth Management LLC acquired a new stake in shares of Lazard Equity Megatrends ETF during the fourth quarter worth approximately $216,000. Susquehanna International Group LLP boosted its holdings in shares of Lazard Equity Megatrends ETF by 6.6% in the 3rd quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock worth $540,000 after acquiring an additional 1,055 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Lazard Equity Megatrends ETF in the 3rd quarter worth approximately $896,000. Finally, Lazard Asset Management LLC bought a new stake in Lazard Equity Megatrends ETF during the 2nd quarter worth approximately $35,389,000.

Lazard Equity Megatrends ETF Company Profile

The Lazard Equity Megatrends ETF (THMZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in global companies of any market capitalization. The funds selection process aims to identify global megatrends and themes that are likely to shape the future. THMZ was launched on Apr 4, 2025 and is issued by Lazard.