Lazard Equity Megatrends ETF (NASDAQ:THMZ) Trading 0.9% Higher Following Dividend Announcement

Lazard Equity Megatrends ETF (NASDAQ:THMZGet Free Report)’s share price traded up 0.9% on Thursday after the company announced a dividend. The company traded as high as $32.35 and last traded at $32.23. 6,737 shares traded hands during mid-day trading, an increase of 869% from the average session volume of 695 shares. The stock had previously closed at $31.95.

The newly announced dividend which will be paid on Monday, December 22nd. Stockholders of record on Friday, December 19th will be paid a $0.004 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Friday, December 19th.

Lazard Equity Megatrends ETF Trading Up 0.6%

The firm has a market capitalization of $41.16 million, a P/E ratio of 31.61 and a beta of 1.24. The company has a 50-day moving average of $32.31 and a 200-day moving average of $31.26.

Hedge Funds Weigh In On Lazard Equity Megatrends ETF

A number of institutional investors and hedge funds have recently modified their holdings of THMZ. Susquehanna International Group LLP lifted its position in Lazard Equity Megatrends ETF by 6.6% in the 3rd quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock valued at $540,000 after acquiring an additional 1,055 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Lazard Equity Megatrends ETF during the third quarter worth $896,000. Finally, Lazard Asset Management LLC purchased a new stake in Lazard Equity Megatrends ETF in the 2nd quarter valued at $35,389,000.

Lazard Equity Megatrends ETF Company Profile

(Get Free Report)

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. THMZ was launched on Apr 4, 2025 and is issued by Lazard.

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