WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW – Get Free Report)’s stock price rose 1.2% during mid-day trading on Wednesday . The stock traded as high as $32.35 and last traded at $32.32. Approximately 43,888 shares were traded during trading, a decline of 31% from the average daily volume of 63,754 shares. The stock had previously closed at $31.95.
WisdomTree PutWrite Strategy Fund Stock Performance
The firm has a 50 day moving average price of $32.00 and a 200-day moving average price of $31.80.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in PUTW. LPL Financial LLC raised its stake in shares of WisdomTree PutWrite Strategy Fund by 25.9% during the 4th quarter. LPL Financial LLC now owns 134,001 shares of the company’s stock worth $4,417,000 after buying an additional 27,538 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of WisdomTree PutWrite Strategy Fund by 597,400.0% during the 4th quarter. Wells Fargo & Company MN now owns 5,975 shares of the company’s stock worth $197,000 after buying an additional 5,974 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in WisdomTree PutWrite Strategy Fund by 265.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 66,447 shares of the company’s stock valued at $2,190,000 after purchasing an additional 48,283 shares during the last quarter. Raymond James Financial Inc. acquired a new position in WisdomTree PutWrite Strategy Fund in the 4th quarter valued at about $4,473,000. Finally, Comerica Bank acquired a new position in WisdomTree PutWrite Strategy Fund in the 4th quarter valued at about $586,000.
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.
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