Themes Transatlantic Defense ETF (NASDAQ:NATO) Trading Down 1.3% – Here’s Why

Themes Transatlantic Defense ETF (NASDAQ:NATO) fell 1.3% on Monday . The company traded as low as $43.07 and last traded at $43.15. 20,594 shares traded hands during trading, a decline of 48% from the average session volume of 39,337 shares. The stock had previously closed at $43.70.

Themes Transatlantic Defense ETF Stock Down 1.3%

The stock has a market cap of $84.14 million, a P/E ratio of 33.05 and a beta of 1.64. The firm has a 50 day simple moving average of $41.12 and a 200-day simple moving average of $38.66.

Themes Transatlantic Defense ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were given a dividend of $0.1725 per share. This represents a yield of 47.0%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Trading of Themes Transatlantic Defense ETF

Hedge funds have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC boosted its holdings in shares of Themes Transatlantic Defense ETF by 59.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 4,725 shares of the company’s stock worth $169,000 after buying an additional 1,755 shares during the period. Visionary Wealth Advisors acquired a new stake in Themes Transatlantic Defense ETF during the fourth quarter worth approximately $203,000. Truist Financial Corp bought a new stake in shares of Themes Transatlantic Defense ETF during the fourth quarter worth approximately $289,000. Nautilus Advisors LLC bought a new stake in shares of Themes Transatlantic Defense ETF during the third quarter worth approximately $324,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Themes Transatlantic Defense ETF in the fourth quarter valued at approximately $470,000.

Themes Transatlantic Defense ETF Company Profile

The Themes Transatlantic Defense ETF (NATO) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an all-cap index of companies that have business operations in the aerospace and defense industry and are headquartered in North Atlantic Treaty Organization member countries. Companies are selected based on tie to the industry and weighted by market-cap. NATO was launched on Oct 11, 2024 and is issued by Themes.