Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Trading 2.8% Higher – Time to Buy?

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE)’s share price traded up 2.8% during mid-day trading on Thursday . The company traded as high as $37.59 and last traded at $37.59. 2,322 shares traded hands during trading, a decline of 64% from the average session volume of 6,382 shares. The stock had previously closed at $36.57.

Themes Generative Artificial Intelligence ETF Stock Performance

The stock’s 50 day simple moving average is $34.64 and its 200-day simple moving average is $38.74. The firm has a market cap of $35.52 million, a price-to-earnings ratio of 36.64 and a beta of 1.69.

Institutional Trading of Themes Generative Artificial Intelligence ETF

Institutional investors have recently modified their holdings of the stock. ORG Partners LLC lifted its position in shares of Themes Generative Artificial Intelligence ETF by 56.1% during the 3rd quarter. ORG Partners LLC now owns 3,200 shares of the company’s stock worth $140,000 after buying an additional 1,150 shares during the last quarter. J. Safra Sarasin Holding AG purchased a new stake in shares of Themes Generative Artificial Intelligence ETF during the 4th quarter worth approximately $203,000. Thryve Wealth Management LLC purchased a new stake in shares of Themes Generative Artificial Intelligence ETF during the 4th quarter worth approximately $286,000. Private Advisor Group LLC lifted its position in shares of Themes Generative Artificial Intelligence ETF by 10.9% during the 3rd quarter. Private Advisor Group LLC now owns 8,130 shares of the company’s stock worth $356,000 after buying an additional 800 shares during the last quarter. Finally, JT Stratford LLC purchased a new stake in shares of Themes Generative Artificial Intelligence ETF during the 3rd quarter worth approximately $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.