Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Shares Down 2.5% – Here’s What Happened

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE)’s stock price dropped 2.5% on Monday . The stock traded as low as $33.93 and last traded at $33.96. Approximately 6,436 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 7,441 shares. The stock had previously closed at $34.82.

Themes Generative Artificial Intelligence ETF Trading Down 2.5%

The firm has a market cap of $32.60 million, a price-to-earnings ratio of 36.64 and a beta of 1.62. The stock’s fifty day moving average price is $38.59 and its 200-day moving average price is $41.14.

Themes Generative Artificial Intelligence ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were paid a dividend of $1.6067 per share. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Trading of Themes Generative Artificial Intelligence ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Traub Capital Management LLC purchased a new stake in Themes Generative Artificial Intelligence ETF in the 2nd quarter valued at about $36,000. ORG Partners LLC increased its position in shares of Themes Generative Artificial Intelligence ETF by 56.1% during the third quarter. ORG Partners LLC now owns 3,200 shares of the company’s stock valued at $140,000 after acquiring an additional 1,150 shares during the last quarter. J. Safra Sarasin Holding AG purchased a new stake in shares of Themes Generative Artificial Intelligence ETF in the 4th quarter valued at approximately $203,000. NewEdge Advisors LLC raised its stake in shares of Themes Generative Artificial Intelligence ETF by 11.8% in 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 period. Finally, Private Advisor Group LLC lifted its holdings in shares of Themes Generative Artificial Intelligence ETF by 10.9% in the 3rd quarter. Private Advisor Group LLC now owns 8,130 shares of the company’s stock worth $356,000 after acquiring an additional 800 shares during the last quarter.

About Themes Generative Artificial Intelligence ETF

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.