Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Stock Price Down 0.3% – Here’s Why

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE)’s stock price fell 0.3% during trading on Friday . The stock traded as low as $35.32 and last traded at $35.3490. Approximately 2,198 shares changed hands during trading, a decline of 72% from the average session volume of 7,790 shares. The stock had previously closed at $35.44.

Themes Generative Artificial Intelligence ETF Trading Down 0.3%

The firm has a market capitalization of $27.93 million, a price-to-earnings ratio of 36.64 and a beta of 1.91. The business has a 50-day moving average price of $36.04 and a two-hundred day moving average price of $36.64.

Institutional Investors Weigh In On Themes Generative Artificial Intelligence ETF

Several large investors have recently added to or reduced their stakes in WISE. Thryve Wealth Management LLC bought a new stake in Themes Generative Artificial Intelligence ETF in the fourth quarter valued at $286,000. Private Advisor Group LLC grew 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 acquiring an additional 800 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Themes Generative Artificial Intelligence ETF by 11.8% in the 1st quarter. NewEdge Advisors LLC now owns 10,833 shares of the company’s stock worth $333,000 after acquiring an additional 1,142 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of Themes Generative Artificial Intelligence ETF by 15.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,410 shares of the company’s stock worth $445,000 after acquiring an additional 1,535 shares during the period. Finally, JT Stratford LLC lifted its position in Themes Generative Artificial Intelligence ETF by 75.7% in the 4th quarter. JT Stratford LLC now owns 15,865 shares of the company’s stock valued at $618,000 after purchasing an additional 6,835 shares during 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.