Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) Share Price Passes Above 50-Day Moving Average – What’s Next?

Themes Generative Artificial Intelligence ETF (NASDAQ:WISE)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $30.80 and traded as high as $34.31. Themes Generative Artificial Intelligence ETF shares last traded at $33.79, with a volume of 2,664 shares traded.

Themes Generative Artificial Intelligence ETF Price Performance

The business has a fifty day moving average of $30.80 and a 200 day moving average of $29.05. The stock has a market cap of $14.87 million, a PE ratio of 42.40 and a beta of 1.86.

Institutional Trading of Themes Generative Artificial Intelligence ETF

A number of hedge funds have recently made changes to their positions in the stock. Foundations Investment Advisors LLC boosted its stake in Themes Generative Artificial Intelligence ETF by 10.6% during the 2nd quarter. Foundations Investment Advisors LLC now owns 247,988 shares of the company’s stock valued at $6,956,000 after acquiring an additional 23,836 shares during the last quarter. Consolidated Portfolio Review Corp acquired a new stake in shares of Themes Generative Artificial Intelligence ETF in the 2nd quarter valued at about $616,000. Commonwealth Equity Services LLC lifted its position in shares of Themes Generative Artificial Intelligence ETF by 21.3% during the second quarter. Commonwealth Equity Services LLC now owns 17,484 shares of the company’s stock worth $490,000 after purchasing an additional 3,074 shares during the last quarter. Finally, Stratos Wealth Advisors LLC acquired a new position in Themes Generative Artificial Intelligence ETF in the third quarter worth about $746,000.

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.