Lazard Equity Megatrends ETF (NASDAQ:THMZ) Trading 0.4% Higher – Here’s What Happened

Lazard Equity Megatrends ETF (NASDAQ:THMZ)’s stock price traded up 0.4% on Tuesday . The stock traded as high as $32.50 and last traded at $32.49. 5,093 shares traded hands during mid-day trading, an increase of 633% from the average session volume of 695 shares. The stock had previously closed at $32.35.

Lazard Equity Megatrends ETF Stock Up 0.4%

The stock has a market capitalization of $41.26 million, a price-to-earnings ratio of 31.61 and a beta of 1.24. The business’s 50-day moving average is $31.92 and its two-hundred day moving average is $30.63.

Institutional Investors Weigh In On Lazard Equity Megatrends ETF

A hedge fund recently bought a new stake in Lazard Equity Megatrends ETF stock. Lazard Asset Management LLC purchased a new stake in Lazard Equity Megatrends ETF (NASDAQ:THMZ) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,170,000 shares of the company’s stock, valued at approximately $35,389,000. Lazard Asset Management LLC owned approximately 97.50% of Lazard Equity Megatrends ETF at the end of the most recent reporting period.

About Lazard Equity Megatrends ETF

The Lazard Equity Megatrends ETF (THMZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in global companies of any market capitalization. The funds selection process aims to identify global megatrends and themes that are likely to shape the future.