WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) Trading Down 0.2% – Should You Sell?

Shares of WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE) were down 0.2% on Monday . The company traded as low as $24.95 and last traded at $25.12. Approximately 972 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 4,248 shares. The stock had previously closed at $25.18.

WisdomTree New Economy Real Estate Fund Trading Down 0.2%

The stock’s 50-day moving average price is $23.13 and its 200-day moving average price is $22.68. The company has a market cap of $16.33 million, a P/E ratio of 1.35 and a beta of 1.00.

Institutional Trading of WisdomTree New Economy Real Estate Fund

Several institutional investors have recently made changes to their positions in WTRE. LPL Financial LLC raised its holdings in shares of WisdomTree New Economy Real Estate Fund by 50.7% in the fourth quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock valued at $452,000 after purchasing an additional 7,142 shares during the last quarter. Bank of America Corp DE grew its position in WisdomTree New Economy Real Estate Fund by 80.8% in the 3rd quarter. Bank of America Corp DE now owns 32,888 shares of the company’s stock worth $732,000 after purchasing an additional 14,698 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in WisdomTree New Economy Real Estate Fund in the 2nd quarter valued at about $74,000. Finally, Jane Street Group LLC increased its stake in WisdomTree New Economy Real Estate Fund by 165.4% in the 1st quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock valued at $815,000 after buying an additional 29,311 shares during the last quarter. Institutional investors own 59.41% of the company’s stock.

About WisdomTree New Economy Real Estate Fund

The WisdomTree New Economy Real Estate ETF (WTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tier-weighted index of global real estate companies that have direct and\u002For indirect exposure to technology, sciences, or e-commerce. Holdings are selected based on a proprietary technology score and a leverage screening. WTRE was launched on Jun 5, 2007 and is managed by WisdomTree.