WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Shares Down 0.9% – What’s Next?

WisdomTree Cybersecurity Fund (NASDAQ:WCBR)’s stock price dropped 0.9% during mid-day trading on Tuesday . The company traded as low as $29.25 and last traded at $29.4950. Approximately 17,430 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 22,690 shares. The stock had previously closed at $29.75.

WisdomTree Cybersecurity Fund Stock Down 0.9%

The stock has a market capitalization of $125.94 million, a PE ratio of 36.72 and a beta of 0.93. The stock has a fifty day moving average of $31.45 and a 200-day moving average of $30.94.

Hedge Funds Weigh In On WisdomTree Cybersecurity Fund

A number of institutional investors and hedge funds have recently made changes to their positions in WCBR. HighTower Advisors LLC lifted its position in shares of WisdomTree Cybersecurity Fund by 71.9% during the 3rd quarter. HighTower Advisors LLC now owns 1,022,098 shares of the company’s stock worth $32,075,000 after purchasing an additional 427,609 shares during the last quarter. LPL Financial LLC increased its holdings in WisdomTree Cybersecurity Fund by 158.5% in the first quarter. LPL Financial LLC now owns 186,845 shares of the company’s stock valued at $5,063,000 after buying an additional 114,561 shares during the last quarter. Jane Street Group LLC raised its stake in WisdomTree Cybersecurity Fund by 231.8% in the first quarter. Jane Street Group LLC now owns 60,865 shares of the company’s stock valued at $1,649,000 after buying an additional 42,520 shares in the last quarter. Nwam LLC raised its stake in WisdomTree Cybersecurity Fund by 94.8% in the second quarter. Nwam LLC now owns 51,604 shares of the company’s stock valued at $1,624,000 after buying an additional 25,114 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in WisdomTree Cybersecurity Fund by 47.8% during the 3rd quarter. Bank of America Corp DE now owns 75,333 shares of the company’s stock worth $2,364,000 after buying an additional 24,371 shares during the last quarter.

About WisdomTree Cybersecurity Fund

The WisdomTree Cybersecurity Fund (WCBR) is an exchange-traded fund that is based on the WisdomTree Team8 Cybersecurity index. The fund tracks an index of developed market companies primarily involved in cybersecurity and security-oriented technology. WCBR was launched on Jan 28, 2021 and is managed by WisdomTree.