Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) Stock Price Up 1% – Still a Buy?

Shares of Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) traded up 1% during mid-day trading on Thursday . The company traded as high as $64.79 and last traded at $64.59. 3,745 shares were traded during mid-day trading, a decline of 70% from the average session volume of 12,647 shares. The stock had previously closed at $63.92.

Themes Global Systemically Important Banks ETF Stock Performance

The stock has a market cap of $47.90 million, a P/E ratio of 10.08 and a beta of 0.55. The firm has a 50-day moving average price of $64.34 and a 200-day moving average price of $58.61.

Institutional Investors Weigh In On Themes Global Systemically Important Banks ETF

A hedge fund recently bought a new position in Themes Global Systemically Important Banks ETF stock. Worth Asset Management LLC bought a new stake in shares of Themes Global Systemically Important Banks ETF (NASDAQ:GSIB) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,775 shares of the company’s stock, valued at approximately $225,000. Worth Asset Management LLC owned approximately 0.82% of Themes Global Systemically Important Banks ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Themes Global Systemically Important Banks ETF Company Profile

The Themes Global Systemically Important Banks ETF (GSIB) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed, concentrated portfolio of large-cap stocks selected solely based on the designation as a Global Systemically Important Bank. Stocks are equally weighted in the portfolio. GSIB was launched on Dec 13, 2023 and is issued by Themes.