Themes US Infrastructure ETF (NASDAQ:HWAY) Trading Down 1% – What’s Next?

Themes US Infrastructure ETF (NASDAQ:HWAY) shares dropped 1% during mid-day trading on Friday . The company traded as low as $33.14 and last traded at $33.1150. Approximately 218 shares were traded during trading, a decline of 88% from the average daily volume of 1,821 shares. The stock had previously closed at $33.46.

Themes US Infrastructure ETF Stock Down 1.0%

The company has a market capitalization of $2.32 million, a P/E ratio of -7.88 and a beta of 1.52. The business’s 50-day moving average is $32.11 and its two-hundred day moving average is $30.89.

Institutional Trading of Themes US Infrastructure ETF

A hedge fund recently bought a new stake in Themes US Infrastructure ETF stock. Wealthcare Advisory Partners LLC acquired a new position in Themes US Infrastructure ETF (NASDAQ:HWAY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,668 shares of the company’s stock, valued at approximately $242,000. Wealthcare Advisory Partners LLC owned about 21.67% of Themes US Infrastructure ETF at the end of the most recent quarter. 94.03% of the stock is currently 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.