Themes US Infrastructure ETF (NASDAQ:HWAY) Trading Up 1.2% – Should You Buy?

Themes US Infrastructure ETF (NASDAQ:HWAY)’s stock price shot up 1.2% on Wednesday . The company traded as high as $39.08 and last traded at $38.92. Approximately 553 shares were traded during mid-day trading, a decline of 45% from the average session volume of 1,004 shares. The stock had previously closed at $38.47.

Themes US Infrastructure ETF Stock Down 1.2%

The stock has a fifty day moving average of $37.42 and a 200-day moving average of $34.94. The firm has a market capitalization of $3.15 million, a P/E ratio of -9.38 and a beta of 1.23.

Hedge Funds Weigh In On Themes US Infrastructure ETF

An institutional investor recently bought a new position in Themes US Infrastructure ETF stock. Truist Financial Corp purchased a new stake in shares of Themes US Infrastructure ETF (NASDAQ:HWAY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 reporting period. 94.03% of the stock is currently owned by 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.