WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Trading 0.4% Higher

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) shares were up 0.4% during mid-day trading on Friday . The company traded as high as $27.09 and last traded at $27.06. Approximately 1,571,955 shares changed hands during trading, an increase of 435% from the average daily volume of 294,096 shares. The stock had previously closed at $26.94.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Price Performance

The business’s fifty day moving average price is $26.51 and its 200 day moving average price is $26.34.

Institutional Investors Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

Several hedge funds have recently made changes to their positions in USDU. Simplex Trading LLC lifted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 104.2% during the first quarter. Simplex Trading LLC now owns 1,000 shares of the company’s stock worth $26,000 after purchasing an additional 24,618 shares during the period. Royal Bank of Canada purchased a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the first quarter valued at about $41,000. Venturi Wealth Management LLC purchased a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the first quarter valued at about $43,000. CWM LLC raised its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 44.0% during the second quarter. CWM LLC now owns 2,823 shares of the company’s stock worth $75,000 after purchasing an additional 863 shares in the last quarter. Finally, Interactive Financial Advisors lifted its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 7.6% in the fourth quarter. Interactive Financial Advisors now owns 6,968 shares of the company’s stock valued at $182,000 after purchasing an additional 492 shares during the period.

About WisdomTree Bloomberg U.S. Dollar Bullish Fund

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.