WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) Stock Price Up 5.6% – What’s Next?

Shares of WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI) shot up 5.6% during mid-day trading on Tuesday . The stock traded as high as $28.27 and last traded at $28.23. 196,903 shares were traded during mid-day trading, an increase of 30% from the average session volume of 151,392 shares. The stock had previously closed at $26.73.

WisdomTree Artificial Intelligence and Innovation Fund Stock Up 5.6%

The stock has a market cap of $242.78 million, a PE ratio of 25.61 and a beta of 1.43. The business has a 50 day moving average price of $29.65 and a 200 day moving average price of $29.69.

Institutional Investors Weigh In On WisdomTree Artificial Intelligence and Innovation Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in WTAI. Cary Street Partners Financial LLC purchased a new position in shares of WisdomTree Artificial Intelligence and Innovation Fund during the 2nd quarter valued at approximately $307,000. Ameriprise Financial Inc. grew its position in WisdomTree Artificial Intelligence and Innovation Fund by 383.6% during the second quarter. Ameriprise Financial Inc. now owns 62,565 shares of the company’s stock valued at $1,537,000 after buying an additional 49,627 shares during the period. AdvisorNet Financial Inc grew its position in WisdomTree Artificial Intelligence and Innovation Fund by 0.6% during the third quarter. AdvisorNet Financial Inc now owns 71,609 shares of the company’s stock valued at $2,045,000 after buying an additional 395 shares during the period. First Command Advisory Services Inc. increased its holdings in WisdomTree Artificial Intelligence and Innovation Fund by 196.1% in the third quarter. First Command Advisory Services Inc. now owns 5,921 shares of the company’s stock valued at $169,000 after buying an additional 3,921 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in WisdomTree Artificial Intelligence and Innovation Fund by 77.2% in the third quarter. Creative Financial Designs Inc. ADV now owns 41,817 shares of the company’s stock valued at $1,194,000 after buying an additional 18,223 shares in the last quarter.

WisdomTree Artificial Intelligence and Innovation Fund Company Profile

The WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee. WTAI was launched on Dec 9, 2021 and is managed by WisdomTree.