Themes Cybersecurity ETF (NASDAQ:SPAM) Trading Down 4.1% – Time to Sell?

Shares of Themes Cybersecurity ETF (NASDAQ:SPAM) traded down 4.1% during mid-day trading on Monday . The company traded as low as $27.43 and last traded at $27.43. 2,945 shares changed hands during mid-day trading, an increase of 174% from the average session volume of 1,073 shares. The stock had previously closed at $28.61.

Themes Cybersecurity ETF Stock Performance

The firm has a 50 day simple moving average of $30.75 and a two-hundred day simple moving average of $32.59. The stock has a market cap of $2.19 million, a P/E ratio of 28.26 and a beta of 0.93.

Themes Cybersecurity ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were issued a $0.1501 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a yield of 48.0%.

Hedge Funds Weigh In On Themes Cybersecurity ETF

An institutional investor recently bought a new position in Themes Cybersecurity ETF stock. NewEdge Advisors LLC purchased a new position in shares of Themes Cybersecurity ETF (NASDAQ:SPAM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,826 shares of the company’s stock, valued at approximately $270,000. NewEdge Advisors LLC owned approximately 11.03% of Themes Cybersecurity ETF at the end of the most recent quarter.

About Themes Cybersecurity ETF

The Themes Cybersecurity ETF (SPAM) is an exchange-traded fund that is based on the Solactive Cyber Security index. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from digital security software. Stocks are weighted based on market capitalization. SPAM was launched on Dec 8, 2023 and is issued by Themes.