WisdomTree New Economy Real Estate Fund (NYSEARCA:WTRE – Get Free Report) shares rose 0.1% on Tuesday . The stock traded as high as $25.86 and last traded at $25.52. Approximately 6,277 shares were traded during mid-day trading, an increase of 53% from the average daily volume of 4,110 shares. The stock had previously closed at $25.50.
WisdomTree New Economy Real Estate Fund Stock Up 2.3%
The company’s 50 day moving average price is $24.99 and its 200 day moving average price is $23.35. The firm has a market capitalization of $16.82 million, a price-to-earnings ratio of 1.39 and a beta of 1.06.
Institutional Investors Weigh In On WisdomTree New Economy Real Estate Fund
Institutional investors and hedge funds have recently made changes to their positions in the stock. Western Wealth Management LLC acquired a new stake in shares of WisdomTree New Economy Real Estate Fund during the first quarter worth $34,000. Raymond James Financial Inc. acquired a new stake in shares of WisdomTree New Economy Real Estate Fund during the second quarter worth $74,000. Bank of America Corp DE lifted its stake in shares of WisdomTree New Economy Real Estate Fund by 8.0% during the second quarter. Bank of America Corp DE now owns 18,190 shares of the company’s stock worth $354,000 after buying an additional 1,344 shares during the period. LPL Financial LLC lifted its stake in shares of WisdomTree New Economy Real Estate Fund by 50.7% during the fourth quarter. LPL Financial LLC now owns 21,233 shares of the company’s stock worth $452,000 after buying an additional 7,142 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of WisdomTree New Economy Real Estate Fund by 165.4% during the first quarter. Jane Street Group LLC now owns 47,029 shares of the company’s stock worth $815,000 after buying an additional 29,311 shares during the period. 59.41% of the stock is currently owned by institutional investors and hedge funds.
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.
Further Reading
- Five stocks we like better than WisdomTree New Economy Real Estate Fund
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for WisdomTree New Economy Real Estate Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree New Economy Real Estate Fund and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
