WisdomTree Cloud Computing Fund (NASDAQ:WCLD) Trading Up 2% – Still a Buy?

WisdomTree Cloud Computing Fund (NASDAQ:WCLDGet Free Report)’s stock price shot up 2% during trading on Monday . The stock traded as high as $33.20 and last traded at $33.02. 1,389,617 shares traded hands during trading, an increase of 172% from the average session volume of 511,451 shares. The stock had previously closed at $32.37.

WisdomTree Cloud Computing Fund Stock Performance

The company has a fifty day moving average price of $34.33 and a two-hundred day moving average price of $34.90. The company has a market cap of $254.91 million, a P/E ratio of -15.68 and a beta of 1.17.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Comprehensive Financial Consultants Institutional Inc. bought a new position in shares of WisdomTree Cloud Computing Fund in the 3rd quarter valued at about $207,000. Milestone Asset Management LLC bought a new stake in shares of WisdomTree Cloud Computing Fund in the 3rd quarter valued at about $304,000. Cypress Point Wealth Management LLC lifted its stake in WisdomTree Cloud Computing Fund by 80.0% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 17,633 shares of the company’s stock valued at $620,000 after purchasing an additional 7,838 shares during the last quarter. Curi Capital LLC lifted its stake in WisdomTree Cloud Computing Fund by 13.5% in the 2nd quarter. Curi Capital LLC now owns 598,972 shares of the company’s stock valued at $21,647,000 after purchasing an additional 71,392 shares during the last quarter. Finally, Byrne Financial Freedom LLC grew its holdings in WisdomTree Cloud Computing Fund by 1.4% during the second quarter. Byrne Financial Freedom LLC now owns 94,900 shares of the company’s stock worth $3,430,000 after purchasing an additional 1,291 shares during the period.

About WisdomTree Cloud Computing Fund

(Get Free Report)

The WisdomTree Cloud Computing Fund (WCLD) is an exchange-traded fund that is based on the BVP Nasdaq Emerging Cloud index. The fund tracks and index of US companies primarily focused on cloud software and services. Stocks are equal weighted in the index. WCLD was launched on Sep 6, 2019 and is managed by WisdomTree.

Featured Articles

Receive News & Ratings for WisdomTree Cloud Computing Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Cloud Computing Fund and related companies with MarketBeat.com's FREE daily email newsletter.