Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Stock Price Up 1.9%

Shares of Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) rose 1.9% on Friday . The company traded as high as $27.63 and last traded at $27.59. Approximately 5,828 shares changed hands during trading, a decline of 61% from the average daily volume of 15,050 shares. The stock had previously closed at $27.07.

Themes Generative Artificial Intelligence ETF Price Performance

The business has a 50 day moving average of $29.81. The stock has a market capitalization of $18.49 million, a price-to-earnings ratio of 46.11 and a beta of 1.79.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Themes Generative Artificial Intelligence ETF stock. Arkfeld Wealth Strategies L.L.C. purchased a new position in shares of Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 9,068 shares of the company’s stock, valued at approximately $262,000. Arkfeld Wealth Strategies L.L.C. owned 1.35% of Themes Generative Artificial Intelligence ETF as of its most recent filing with the SEC.

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.