Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Shares Up 2.1% – Time to Buy?

Shares of Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) shot up 2.1% during mid-day trading on Wednesday . The company traded as high as $35.50 and last traded at $34.23. 8,909 shares changed hands during mid-day trading, an increase of 33% from the average session volume of 6,677 shares. The stock had previously closed at $33.54.

Themes Generative Artificial Intelligence ETF Price Performance

The stock has a market capitalization of $32.86 million, a P/E ratio of 36.64 and a beta of 1.69. The business’s 50 day simple moving average is $34.43 and its 200-day simple moving average is $39.65.

Hedge Funds Weigh In On Themes Generative Artificial Intelligence ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC boosted its stake in Themes Generative Artificial Intelligence ETF by 15.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,410 shares of the company’s stock valued at $445,000 after acquiring an additional 1,535 shares during the last quarter. JT Stratford LLC boosted its stake in Themes Generative Artificial Intelligence ETF by 75.7% in the fourth quarter. JT Stratford LLC now owns 15,865 shares of the company’s stock valued at $618,000 after acquiring an additional 6,835 shares during the last quarter. HighTower Advisors LLC boosted its stake in Themes Generative Artificial Intelligence ETF by 15.4% in the fourth quarter. HighTower Advisors LLC now owns 29,076 shares of the company’s stock valued at $1,133,000 after acquiring an additional 3,888 shares during the last quarter. Welch Financial Planning LLC bought a new position in Themes Generative Artificial Intelligence ETF in the fourth quarter valued at approximately $899,000. Finally, U.S. Capital Wealth Advisors LLC boosted its stake in Themes Generative Artificial Intelligence ETF by 11.4% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 29,465 shares of the company’s stock valued at $1,148,000 after acquiring an additional 3,025 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.