WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Trading 0.6% Higher – What’s Next?

WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE)’s stock price rose 0.6% on Friday . The stock traded as high as $21.54 and last traded at $21.54. Approximately 2,977 shares traded hands during trading, a decline of 12% from the average daily volume of 3,368 shares. The stock had previously closed at $21.41.

WisdomTree New Economy Real Estate Fund Stock Up 0.6%

The firm has a market cap of $16.16 million, a PE ratio of 1.16 and a beta of 0.87. The firm’s fifty day simple moving average is $19.91 and its two-hundred day simple moving average is $18.52.

Hedge Funds Weigh In On WisdomTree New Economy Real Estate Fund

Hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in WisdomTree New Economy Real Estate Fund during the 2nd quarter valued at approximately $74,000. Virtu Financial LLC raised its stake in WisdomTree New Economy Real Estate Fund by 17.5% during the first quarter. Virtu Financial LLC now owns 15,265 shares of the company’s stock valued at $264,000 after purchasing an additional 2,273 shares in the last quarter. Bank of America Corp DE raised its stake in WisdomTree New Economy Real Estate Fund by 8.0% during the second quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock valued at $354,000 after purchasing an additional 1,344 shares in the last quarter. Flow Traders U.S. LLC raised its stake in WisdomTree New Economy Real Estate Fund by 102.4% during the first quarter. Flow Traders U.S. LLC now owns 29,629 shares of the company’s stock valued at $513,000 after purchasing an additional 14,993 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in WisdomTree New Economy Real Estate Fund by 165.4% during the first quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after purchasing an additional 29,311 shares in the last quarter. Hedge funds and other institutional investors own 59.41% of the company’s stock.

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.