Themes US Infrastructure ETF (NASDAQ:HWAY) Trading 1.2% Higher – What’s Next?

Themes US Infrastructure ETF (NASDAQ:HWAY)’s stock price was up 1.2% during trading on Wednesday . The company traded as high as $39.08 and last traded at $38.92. Approximately 553 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 1,004 shares. The stock had previously closed at $38.47.

Themes US Infrastructure ETF Stock Performance

The stock has a market cap of $3.11 million, a PE ratio of -9.27 and a beta of 1.23. The company’s 50-day moving average price is $37.27 and its 200 day moving average price is $34.86.

Institutional Trading of Themes US Infrastructure ETF

A hedge fund recently bought a new stake in Themes US Infrastructure ETF stock. Truist Financial Corp bought a new position in Themes US Infrastructure ETF (NASDAQ:HWAY) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 8,755 shares of the company’s stock, valued at approximately $271,000. Truist Financial Corp owned approximately 12.51% of Themes US Infrastructure ETF at the end of the most recent quarter. 94.03% of the stock is owned by hedge funds and other institutional investors.

About Themes US Infrastructure ETF

The Themes US Infrastructure ETF (HWAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index that provides exposure to US companies associated broadly with infrastructure. HWAY was launched on Sep 12, 2024 and is issued by Themes.