WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Significant Increase in Short Interest

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 52,825 shares, a growth of 44.1% from the December 31st total of 36,668 shares. Based on an average daily trading volume, of 631,815 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 631,815 shares, the short-interest ratio is presently 0.1 days.

WisdomTree U.S. Quality Growth Fund Stock Up 0.2%

WisdomTree U.S. Quality Growth Fund stock opened at $59.13 on Tuesday. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 36.83 and a beta of 1.23. The business has a 50-day simple moving average of $58.96 and a 200 day simple moving average of $57.34. WisdomTree U.S. Quality Growth Fund has a 52 week low of $37.29 and a 52 week high of $60.76.

Institutional Investors Weigh In On WisdomTree U.S. Quality Growth Fund

Hedge funds have recently bought and sold shares of the stock. Retirement Planning Group LLC boosted its stake in WisdomTree U.S. Quality Growth Fund by 9.2% in the third quarter. Retirement Planning Group LLC now owns 4,093,976 shares of the company’s stock worth $234,830,000 after buying an additional 344,356 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of WisdomTree U.S. Quality Growth Fund by 64.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,356,988 shares of the company’s stock worth $192,557,000 after acquiring an additional 1,317,154 shares during the last quarter. Trust Point Inc. lifted its holdings in shares of WisdomTree U.S. Quality Growth Fund by 0.3% in the 3rd quarter. Trust Point Inc. now owns 2,637,754 shares of the company’s stock worth $151,302,000 after acquiring an additional 7,838 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of WisdomTree U.S. Quality Growth Fund by 142.3% in the 3rd quarter. Bank of America Corp DE now owns 1,546,733 shares of the company’s stock valued at $88,721,000 after purchasing an additional 908,416 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of WisdomTree U.S. Quality Growth Fund by 15,576.4% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 723,464 shares of the company’s stock valued at $42,446,000 after purchasing an additional 718,849 shares during the last quarter.

WisdomTree U.S. Quality Growth Fund Company Profile

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.