Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Trading Down 2.5% – Time to Sell?

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE)’s share price traded down 2.5% during mid-day trading on Monday . The stock traded as low as $33.93 and last traded at $33.96. 6,436 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 7,441 shares. The stock had previously closed at $34.82.

Themes Generative Artificial Intelligence ETF Stock Performance

The company’s fifty day moving average is $38.59 and its two-hundred day moving average is $41.14. The firm has a market cap of $32.60 million, a price-to-earnings ratio of 36.64 and a beta of 1.62.

Themes Generative Artificial Intelligence ETF Dividend Announcement

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

Institutional Investors Weigh In On Themes Generative Artificial Intelligence ETF

A number of large investors have recently modified their holdings of WISE. Traub Capital Management LLC acquired a new position in Themes Generative Artificial Intelligence ETF during the 2nd quarter worth approximately $36,000. ORG Partners LLC raised its stake in shares of Themes Generative Artificial Intelligence ETF by 56.1% during the third quarter. ORG Partners LLC now owns 3,200 shares of the company’s stock valued at $140,000 after purchasing an additional 1,150 shares during the period. J. Safra Sarasin Holding AG acquired a new position in shares of Themes Generative Artificial Intelligence ETF during the fourth quarter worth $203,000. Private Advisor Group LLC lifted its position in shares of Themes Generative Artificial Intelligence ETF by 10.9% during the third quarter. Private Advisor Group LLC now owns 8,130 shares of the company’s stock worth $356,000 after purchasing an additional 800 shares in the last quarter. Finally, JT Stratford LLC purchased a new position in shares of Themes Generative Artificial Intelligence ETF in the third quarter valued at $395,000.

About Themes Generative Artificial Intelligence ETF

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.