WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Stock Price Down 0.3% – Time to Sell?

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE)’s share price fell 0.3% during mid-day trading on Friday . The company traded as low as $17.79 and last traded at $17.87. 1,679 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 3,397 shares. The stock had previously closed at $17.92.

WisdomTree New Economy Real Estate Fund Stock Performance

The company has a market cap of $14.30 million, a PE ratio of 28.99 and a beta of 0.93. The stock’s 50 day moving average price is $17.19 and its 200-day moving average price is $17.57.

Institutional Investors Weigh In On WisdomTree New Economy Real Estate Fund

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC raised its holdings in WisdomTree New Economy Real Estate Fund by 165.4% during the 1st quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after buying an additional 29,311 shares during the last quarter. Flow Traders U.S. LLC raised its holdings in WisdomTree New Economy Real Estate Fund by 102.4% during the 1st quarter. Flow Traders U.S. LLC now owns 29,629 shares of the company’s stock valued at $513,000 after buying an additional 14,993 shares during the last quarter. Virtu Financial LLC raised its holdings in WisdomTree New Economy Real Estate Fund by 17.5% during the 1st quarter. Virtu Financial LLC now owns 15,265 shares of the company’s stock valued at $264,000 after buying an additional 2,273 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp bought a new stake in WisdomTree New Economy Real Estate Fund during the 4th quarter valued at $44,000.

WisdomTree New Economy Real Estate Fund Company Profile

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening.