WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Stock Price Down 0.3%

Shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU – Get Rating) fell 0.3% during mid-day trading on Friday . The stock traded as low as $26.34 and last traded at $26.37. 138,354 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 315,901 shares. The stock had previously closed at $26.46.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Price Performance

The firm’s fifty day moving average price is $26.11 and its 200-day moving average price is $26.60.

Hedge Funds Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. James Investment Research Inc. bought a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 4th quarter valued at $25,000. Simplex Trading LLC lifted its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 104.2% in the 1st quarter. Simplex Trading LLC now owns 1,000 shares of the company’s stock valued at $26,000 after acquiring an additional 24,618 shares in the last quarter. Carolinas Wealth Consulting LLC bought a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 3rd quarter valued at $36,000. Royal Bank of Canada bought a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 1st quarter valued at $41,000. Finally, Venturi Wealth Management LLC bought a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 1st quarter valued at $43,000.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Company Profile

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The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is an exchange-traded fund that is based on the Bloomberg Dollar Total Return index. The fund is an actively managed ETF that goes long the US dollar against a basket of global currencies from developed as well as emerging markets. USDU was launched on Dec 18, 2013 and is managed by WisdomTree.