WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL) Trading Down 1.2% – Here’s Why

WisdomTree U.S. AI Enhanced Value Fund (NYSEARCA:AIVL)’s share price was down 1.2% during trading on Thursday . The company traded as low as $112.41 and last traded at $112.46. Approximately 2,572 shares were traded during trading, a decline of 12% from the average daily volume of 2,936 shares. The stock had previously closed at $113.78.

WisdomTree U.S. AI Enhanced Value Fund Price Performance

The stock has a fifty day moving average of $113.84 and a 200 day moving average of $110.89. The firm has a market capitalization of $376.74 million, a P/E ratio of 19.07 and a beta of 0.95.

Institutional Trading of WisdomTree U.S. AI Enhanced Value Fund

A number of hedge funds have recently bought and sold shares of AIVL. Quaker Wealth Management LLC increased its position in WisdomTree U.S. AI Enhanced Value Fund by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 226 shares of the company’s stock worth $26,000 after buying an additional 452 shares during the last quarter. Hughes Financial Services LLC purchased a new stake in WisdomTree U.S. AI Enhanced Value Fund in the first quarter worth $28,000. Glassman Wealth Services purchased a new stake in WisdomTree U.S. AI Enhanced Value Fund in the first quarter worth $39,000. Elevation Point Wealth Partners LLC purchased a new stake in WisdomTree U.S. AI Enhanced Value Fund in the second quarter worth $41,000. Finally, Ameritas Advisory Services LLC purchased a new stake in WisdomTree U.S. AI Enhanced Value Fund in the second quarter worth $67,000.

About WisdomTree U.S. AI Enhanced Value Fund

The WisdomTree U.S. Al Enhanced Value Fund (AIVL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that provides exposure to US value stocks from developed markets. AIVL was launched on Jun 16, 2006 and is managed by WisdomTree.