WisdomTree Target Range Fund (NASDAQ:GTR) Shares Up 0% – Time to Buy?

WisdomTree Target Range Fund (NASDAQ:GTR)’s stock price traded up 0% during trading on Wednesday . The company traded as high as $27.27 and last traded at $27.22. 2,723 shares changed hands during trading, a decline of 55% from the average daily volume of 6,066 shares. The stock had previously closed at $27.21.

WisdomTree Target Range Fund Stock Up 0.0%

The firm has a 50-day moving average price of $27.09 and a 200 day moving average price of $26.30. The firm has a market capitalization of $70.77 million, a PE ratio of 20.13 and a beta of 0.59.

Hedge Funds Weigh In On WisdomTree Target Range Fund

An institutional investor recently raised its position in WisdomTree Target Range Fund stock. Valmark Advisers Inc. raised its position in WisdomTree Target Range Fund (NASDAQ:GTR) by 5.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,360,343 shares of the company’s stock after acquiring an additional 127,779 shares during the quarter. Valmark Advisers Inc. owned approximately 91.49% of WisdomTree Target Range Fund worth $59,183,000 as of its most recent SEC filing.

About WisdomTree Target Range Fund

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.