Themes US Infrastructure ETF (NASDAQ:HWAY) Shares Down 1.4% – Here’s What Happened

Themes US Infrastructure ETF (NASDAQ:HWAY) shares dropped 1.4% on Monday . The company traded as low as $35.94 and last traded at $36.05. Approximately 1,953 shares traded hands during trading, an increase of 10% from the average daily volume of 1,770 shares. The stock had previously closed at $36.56.

Themes US Infrastructure ETF Trading Down 1.4%

The business has a 50 day moving average of $33.47 and a 200-day moving average of $31.62. The stock has a market cap of $2.52 million, a PE ratio of -8.58 and a beta of 1.52.

Institutional Trading of Themes US Infrastructure ETF

A hedge fund recently bought a new stake in Themes US Infrastructure ETF stock. Truist Financial Corp bought a new stake in Themes US Infrastructure ETF (NASDAQ:HWAY) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,755 shares of the company’s stock, valued at approximately $271,000. Truist Financial Corp owned approximately 12.51% of Themes US Infrastructure ETF at the end of the most recent quarter. 94.03% of the stock is owned by hedge funds and other institutional investors.

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.