Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Trading Down 0.3% – Here’s What Happened

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

Themes Generative Artificial Intelligence ETF Stock Down 0.3%

The stock has a 50-day moving average of $36.04 and a 200 day moving average of $36.64. The stock has a market cap of $27.93 million, a PE ratio of 36.64 and a beta of 1.91.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Citadel Advisors LLC purchased a new stake in shares of Themes Generative Artificial Intelligence ETF in the third quarter valued at about $2,459,000. Jane Street Group LLC purchased a new position in Themes Generative Artificial Intelligence ETF during the first quarter worth about $959,000. HighTower Advisors LLC boosted its holdings in Themes Generative Artificial Intelligence ETF by 15.4% in the 4th quarter. HighTower Advisors LLC now owns 29,076 shares of the company’s stock valued at $1,133,000 after purchasing an additional 3,888 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Themes Generative Artificial Intelligence ETF by 91.5% in the 4th quarter. NewEdge Advisors LLC now owns 20,136 shares of the company’s stock valued at $785,000 after purchasing an additional 9,623 shares during the last quarter. Finally, JT Stratford LLC grew its stake in shares of 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 buying an additional 6,835 shares during the period.

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.