Themes US Infrastructure ETF (NASDAQ:HWAY) Stock Price Down 0.6% – Time to Sell?

Themes US Infrastructure ETF (NASDAQ:HWAY)’s share price was down 0.6% during trading on Monday . The stock traded as low as $28.83 and last traded at $31.08. Approximately 1,325 shares changed hands during trading, an increase of 83% from the average daily volume of 723 shares. The stock had previously closed at $31.27.

Themes US Infrastructure ETF Stock Down 0.6%

The stock has a market capitalization of $1.55 million, a price-to-earnings ratio of -7.40 and a beta of 1.52. The company’s 50-day simple moving average is $30.49 and its 200 day simple moving average is $28.65.

Institutional Investors Weigh In On Themes US Infrastructure ETF

A hedge fund recently bought a new stake in Themes US Infrastructure ETF stock. Wealthcare Advisory Partners LLC purchased a new stake in Themes US Infrastructure ETF (NASDAQ:HWAY) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 8,668 shares of the company’s stock, valued at approximately $242,000. Wealthcare Advisory Partners LLC owned about 21.67% of Themes US Infrastructure ETF as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 94.03% of the company’s stock.

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.