Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Stock Price Down 3.2% – Here’s What Happened

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) shares dropped 3.2% during mid-day trading on Friday . The company traded as low as $37.58 and last traded at $37.66. Approximately 2,563 shares traded hands during trading, a decline of 67% from the average daily volume of 7,818 shares. The stock had previously closed at $38.89.

Themes Generative Artificial Intelligence ETF Stock Down 3.2%

The firm’s fifty day moving average price is $40.55 and its 200 day moving average price is $41.38. The stock has a market cap of $36.15 million, a PE ratio of 36.64 and a beta of 1.62.

Themes Generative Artificial Intelligence ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were paid a $1.6067 dividend. The ex-dividend date was Thursday, December 18th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC purchased a new stake in shares of Themes Generative Artificial Intelligence ETF in the third quarter worth about $2,459,000. Stratos Wealth Advisors LLC increased its stake in Themes Generative Artificial Intelligence ETF by 11.1% in the 4th quarter. Stratos Wealth Advisors LLC now owns 36,445 shares of the company’s stock worth $1,420,000 after acquiring an additional 3,633 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Themes Generative Artificial Intelligence ETF during the 1st quarter worth approximately $959,000. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Themes Generative Artificial Intelligence ETF by 11.4% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 29,465 shares of the company’s stock worth $1,148,000 after acquiring an additional 3,025 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of Themes Generative Artificial Intelligence ETF by 11.8% during the 1st quarter. NewEdge Advisors LLC now owns 10,833 shares of the company’s stock valued at $333,000 after acquiring an additional 1,142 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.