Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) Trading Up 1% – Should You Buy?

Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) shares shot up 1% on Thursday . The company traded as high as $61.54 and last traded at $61.38. Approximately 5,016 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 10,869 shares. The stock had previously closed at $60.78.

Themes Global Systemically Important Banks ETF Trading Up 1.0%

The company has a market capitalization of $28.23 million, a PE ratio of 10.08 and a beta of 0.59. The company’s 50 day moving average price is $58.27 and its 200-day moving average price is $54.95.

Institutional Investors Weigh In On Themes Global Systemically Important Banks ETF

An institutional investor recently bought a new position in Themes Global Systemically Important Banks ETF stock. Worth Asset Management LLC purchased a new position in shares of Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,775 shares of the company’s stock, valued at approximately $225,000. Worth Asset Management LLC owned about 0.82% of Themes Global Systemically Important Banks ETF at the end of the most recent reporting period.

About Themes Global Systemically Important Banks ETF

The Themes Global Systemically Important Banks ETF (GSIB) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, concentrated portfolio of large-cap stocks selected solely based on the designation as a Global Systemically Important Bank. Stocks are equally weighted in the portfolio. GSIB was launched on Dec 13, 2023 and is issued by Themes.