Themes US Infrastructure ETF (NASDAQ:HWAY) Trading 3.8% Higher – Time to Buy?

Themes US Infrastructure ETF (NASDAQ:HWAY)’s stock price was up 3.8% during trading on Thursday . The company traded as high as $37.73 and last traded at $37.51. Approximately 734 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 1,100 shares. The stock had previously closed at $36.15.

Themes US Infrastructure ETF Stock Performance

The stock has a market cap of $2.98 million, a P/E ratio of -8.88 and a beta of 1.37. The stock’s fifty day moving average is $34.65 and its 200 day moving average is $33.08.

Hedge Funds Weigh In On Themes US Infrastructure ETF

A hedge fund recently bought a new stake in Themes US Infrastructure ETF stock. Truist Financial Corp purchased a new position in shares of Themes US Infrastructure ETF (NASDAQ:HWAY) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,755 shares of the company’s stock, valued at approximately $271,000. Truist Financial Corp owned about 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.