WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) Stock Price Down 0.3% – Here’s What Happened

Shares of WisdomTree PutWrite Strategy Fund (NYSEARCA:PUTW) dropped 0.3% on Friday . The stock traded as low as $33.37 and last traded at $33.40. Approximately 75,519 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 63,754 shares. The stock had previously closed at $33.49.

WisdomTree PutWrite Strategy Fund Stock Performance

The business has a 50-day moving average price of $32.92 and a 200 day moving average price of $31.84.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in shares of WisdomTree PutWrite Strategy Fund by 149.1% during 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. Arkadios Wealth Advisors lifted its position in shares of WisdomTree PutWrite Strategy Fund by 41.8% during the 1st quarter. Arkadios Wealth Advisors now owns 18,870 shares of the company’s stock valued at $588,000 after buying an additional 5,559 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of WisdomTree PutWrite Strategy Fund by 68.0% during the 1st quarter. AE Wealth Management LLC now owns 803 shares of the company’s stock valued at $25,000 after buying an additional 325 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of WisdomTree PutWrite Strategy Fund by 2.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 68,235 shares of the company’s stock valued at $2,125,000 after buying an additional 1,788 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in shares of WisdomTree PutWrite Strategy Fund by 16.7% during the 1st quarter. Private Advisor Group LLC now owns 18,801 shares of the company’s stock valued at $585,000 after buying an additional 2,697 shares during the last quarter.

WisdomTree PutWrite Strategy Fund Company Profile

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.