WisdomTree Target Range Fund (NASDAQ:GTR) Stock Price Down 0.4% – Should You Sell?

WisdomTree Target Range Fund (NASDAQ:GTR) shares fell 0.4% during trading on Tuesday . The stock traded as low as $25.36 and last traded at $25.42. 159 shares traded hands during trading, a decline of 98% from the average session volume of 10,318 shares. The stock had previously closed at $25.52.

WisdomTree Target Range Fund Stock Down 0.4%

The firm has a 50-day simple moving average of $25.93 and a 200 day simple moving average of $25.01. The company has a market cap of $60.50 million, a price-to-earnings ratio of 20.13 and a beta of 0.60.

Institutional Trading of WisdomTree Target Range Fund

An institutional investor recently raised its position in WisdomTree Target Range Fund stock. Valmark Advisers Inc. boosted its holdings in shares of WisdomTree Target Range Fund (NASDAQ:GTR) by 1.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,222,057 shares of the company’s stock after purchasing an additional 38,916 shares during the period. WisdomTree Target Range Fund makes up 0.7% of Valmark Advisers Inc.’s investment portfolio, making the stock its 29th largest holding. Valmark Advisers Inc. owned about 93.36% of WisdomTree Target Range Fund worth $57,340,000 as of its most recent SEC filing.

WisdomTree Target Range Fund Company Profile

The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.