WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Shares Up 0.1% – What’s Next?

Shares of WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) shot up 0.1% on Tuesday . The stock traded as high as $32.33 and last traded at $32.30. 102,239 shares changed hands during trading, an increase of 62% from the average session volume of 63,206 shares. The stock had previously closed at $32.27.

WisdomTree PutWrite Strategy Fund Stock Performance

The company has a fifty day simple moving average of $31.68 and a two-hundred day simple moving average of $31.87.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PUTW. Cary Street Partners Financial LLC raised its position in WisdomTree PutWrite Strategy Fund by 456.9% in the 1st quarter. Cary Street Partners Financial LLC now owns 1,032,167 shares of the company’s stock valued at $32,142,000 after buying an additional 846,833 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in WisdomTree PutWrite Strategy Fund in the 4th quarter valued at approximately $4,473,000. Cetera Investment Advisers raised its position in WisdomTree PutWrite Strategy Fund by 149.1% in the 1st quarter. Cetera Investment Advisers now owns 141,095 shares of the company’s stock valued at $4,394,000 after buying an additional 84,453 shares during the last quarter. Trust Point Inc. raised its position in WisdomTree PutWrite Strategy Fund by 26.8% in the 2nd quarter. Trust Point Inc. now owns 361,053 shares of the company’s stock valued at $11,568,000 after buying an additional 76,307 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in WisdomTree PutWrite Strategy Fund by 123.4% in the 1st quarter. HighTower Advisors LLC now owns 9,164 shares of the company’s stock valued at $285,000 after buying an additional 48,364 shares during the last quarter.

About WisdomTree PutWrite Strategy Fund

The WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is an exchange-traded fund that is based on the Cboe S&P 500 PutWrite index. The fund tracks an index that consists of short SPY put options and cash collateral. The index selects put options that target a premium of 2.5% and rolls its exposure twice a month.