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

Themes US Infrastructure ETF (NASDAQ:HWAY) shares rose 1.2% on Thursday . The company traded as high as $32.10 and last traded at $32.08. Approximately 144 shares were traded during trading, a decline of 94% from the average daily volume of 2,409 shares. The stock had previously closed at $31.71.

Themes US Infrastructure ETF Stock Performance

The stock has a market cap of $1.95 million, a price-to-earnings ratio of -7.76 and a beta of 1.52. The business’s fifty day simple moving average is $31.33 and its 200 day simple moving average is $30.36.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Themes US Infrastructure ETF stock. Wealthcare Advisory Partners LLC bought a new stake in Themes US Infrastructure ETF (NASDAQ:HWAY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,668 shares of the company’s stock, valued at approximately $242,000. Wealthcare Advisory Partners LLC owned approximately 21.67% of Themes US Infrastructure ETF as of its most recent SEC filing. 94.03% of the stock is owned by institutional investors and hedge funds.

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.